For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as executives realize the keys to their kingdom are often buried in the back office. Businesses are re-evaluating the nature of...
Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses, particularly as many companies face growing transaction volumes without a corresponding ability to expand staff. “It’s a serious problem within...
Few people want to cut checks, lick stamps or sign invoices. Every single business day, however, these same outdated activities are done countless times by many of the world’s finance and accounting professionals. Despite the rise of digital transformation in finance and business operations, companies...
Not all B2B payments have a great user experience (UX). But all great B2B payments elevate the end-user experience. The problem with building convenience into business payments is that, while in theory it sounds relatively simple, in practice it ends up being incredibly difficult. B2B...
September 26, 2024
Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses, particularly as many companies face growing transaction volumes without a corresponding ability to expand staff. “It’s a serious problem within these AP departments. Completely inefficient manual processes compounded by fragmented […]
July 31, 2024
If all goes well, the future of business processes won’t look anything like its past. And that holds particularly true in business-to-business (B2B) payments, where the past — and even...
June 21, 2023
The historically manual nature of accounts payable (AP) payments is holding back progress across industries. It ties up funds in largely legacy processes, including the nigh-unsinkable iceberg of B2B paper...
