B2B payments are evolving from paper checks to electronic payment delivery. This paradigm shift from paper checks to electronic is creating a new timeline for payment delivery. Virtual cards are among the latest in payment technology, and ACH payments are on the rise. Read more about AR automation.
Accounts receivable typically isn't classified as an optimized, cutting edge, strategic or progressive department. It's simply the department that collects money. As a business, you want to find ways to keep more cash. See the benefits of A/R automation, and learn why the goal is to be CASH greedy.
In the after years of the countless technology advances that have disrupted businesses, there are still lagers who haven't adopted to digital transformation. Over half of all business-to-business payments still take place by paper check, sent via snail-mail.
Technology has made accounts payable payment automation a standard for many organizations, surprisingly many businesses in the United States are not aware of the benefits of A/P automation. Solid accounts payable solutions can make the process seamless. Here are our top 5 reasons to automate.
It is imperative that all organizations look at their accounts payable function and employ as many best practices listed above as they can integrate across the entire cycle. Learn more about payment automation and discover the best practices in the accounts payable process.
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