Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card
PYMNTS
JANUARY 19, 2021
If not optimally managed, those issues impact working capital cycles, which in turn can negatively impact a firm’s very solvency (and perhaps even survival) as suppliers wait to get paid, or even onboarded into a buyer’s ecosystem. Onboarding , for example, can take weeks.” Overall paper-based manual workflows are costly to organizations.
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