There’s never been a better time to start taking advantage of the new technologies that are emerging within B2B receivables payments processing. Although check use is on the decline in total—in 2013, 50 percent of B2B remittances were made by check,a 75 percent decrease from 2004—checks and remittance documents continue to be a large part of many B2B receivables processes.
Read MoreTopics: payment processing, remittance processing, B2B Payment Processing, integrated receivables, Cloud
Today’s growing portfolio of payment channels continues to add new levels of complexity to payment processing—often requiring systems from multiple vendors. As a result of all these disparate, siloed bill payment systems, companies are wasting billions of dollars each year.
Read MoreTopics: payment processing, integrated receivables, Cloud
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