Getting Started with Electronic Payments


Every year, businesses in North America make $27 trillion dollars in B2B payments and spend an estimated $510 billion on manual accounts payables costs, both direct and indirect.

A key reason for these exorbitant costs—along with a host of other challenges—is that 60 percent or more of payments are still made by paper checks.

In this edited transcription of our Automating Payments webinar, industry experts share practical advice for getting started with electronic payments while discussing how this shift drives a host of benefits, including improved cash management, reduced fraud risk, increased visibility and control, and strengthened supplier relationships.