Today in B2B payments, CFOs push beyond the cosmetic changes of automation, and Ivalua introduces inventory management to its eProcurement solution. Plus, First American discusses equipment finance for the logistics space, Brightwell collaborates on maritime payroll, and MosaicLab raises funding for its invoice processing tool.
Logistics firms must operate with flexibility to react to the ebbs and flows of supply chain disruptions and consumer shopping shifts. As a result, the equipment financing space now faces its own pressures to be agile and help logistics firms grab machinery opportunities when they arise, as First American Equipment Finance Senior Vice President Daniel Wallenhorst told PYMNTS.
FinTech Brightwell, which helps global workers get paid and transmit funds, and Viking Maritime have joined forces for a tie-up that will equip small- to medium-sized cruise vessels and very large yachts with a payroll service, according to a Monday (July 12) announcement. The offering will be a part of the Viking Maritime crew management solution, which encompasses international crew employment and payroll, deployment and travel, placement and education, the announcement stated.
The Moroccan FinTech startup MosaicLab has raised $225,000 for the invoice processing platform Konta, Tech in Africa reported Monday (July 12). Based in Casablanca, MosaicLab launched Konta, a Software-as-a-Service (SaaS) invoice-to-pay automation platform powered solely by Moroccan artificial intelligence (AI) tech. Konta has acquired clients in Europe and Africa. It’s beginning its first round of fundraising through the investment company WITAMAX.