A striking statistic reveals that large businesses still make half of their payments via paper checks, while small businesses make between 80 to 90% via this method. This reliance on paper checks not only incurs substantial costs but also represents a missed opportunity for savings that electronic payments can provide (MineralTree)
This byline by Matt Friend, Global Payment’s VP of Operational Excellence for B2B Solutions, highlights the challenges for buyers in meeting strategic suppliers’ need for faster, more efficient payments.
This byline by Anik Jain, MineralTree’s senior product marketing manager, references the 2023 State of AP Report and focuses on how AP automation helps improve vendor relationships.
This byline by Anik Jain, MineralTree’s senior product marketing manager, highlights the challenges finance teams face with hybrid work and how automation is filling the gaps.
