ACH or Wire? 5 Key differences between ACH payments and Wire transactions
BlueXAug 09, 2023
ACH (Automated Clearing House) and wire transfers hold pivotal significance in facilitating smooth transactions as means of electronic money transfers. BlueX products offer both payment processing methods, and, in this article, we’ll explore the key differences between the two and how they can support your business.
Streamlining B2B Accounts Receivable and Payments: Embracing Digital Transformation
BlueXJul 11, 2023
To boost their growth, businesses must reimagine their AR processes to provide a best-in-class experience. Simultaneously, the growing trend of consumerization in B2B payments highlights the need for digitization and simplification. In this article, we delve into the drawbacks of outdated AR processes and highlight the imperative for businesses to reimagine their B2B AR systems. By embracing digitization, streamlining processes, and prioritizing customer experience, businesses can stay competitive and drive growth.
US Debt and Small Business: How to Protect Your Company in Uncertain Times
BlueXJun 07, 2023
The US government is set to hit its borrowing limit on June 5th, but a debt ceiling deal has been reached to prevent defaulting on the $31.4 trillion debt. What are the effects of the US Debt on small businesses, and what measures can they take to reduce potential risks?
How bank collapses can impact cash flow and four ways small businesses can cope
BlueXMay 15, 2023
From a financial perspective, the first half of 2023 will probably be remembered for the cascade of bank collapses that shook the economy: Silicon Valley Bank, First Republic Bank, and Signature Bank. While federal regulators are working to control the damage, many small to medium-sized businesses that survive from quarter to quarter or even month to month are facing even greater financial uncertainty than the year before.
The Future of Finance: Top Innovations Driving Growth in the B2B Landscape in 2023
BlueXApr 17, 2023
The future of finance in the B2B landscape in 2023 looks promising with the emergence of innovative technologies. AI is transforming trade finance, while embedded finance is a rapidly growing trend that promises to enhance customer experience and provide cost and risk benefits to companies. The Buy-Now-Pay-Later (BNPL) model for businesses is also gaining popularity, particularly in the B2B sector. Solutions such as BlueX Pay-it-Later are providing SMBs with a powerful tool for enhancing their cash flow and competitive advantage. This can be especially helpful during times of economic volatility.