Processing Paper Invoices Costs Businesses Average of $171k Annually
Companies are reexamining their payment tools as they work to more swiftly and seamlessly send and receive payments. Buyers want to use less-expensive payment tools while suppliers want to receive their funds quickly. Ditching paper checks for B2B transactions conducted via virtual cards could benefit both parties. It’s a digital upgrade that would solve other problems too, saving B2B billers and payers time, aggravation and lots of money.
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