Friday, 24 March, 2023

Digital payments save CFOs countless hours wasted on manual reconciliation

<p>The corporate payments ecosystem will most likely be reshaped by mobile and contactless payment options, particularly virtual cards. Using a consumer-style payment system for B2B transactions saves the company time and money. CFOs can seamlessly integrate accounts payable and receivable processes, saving countless hours of the manual check. By 2025, up to 80% of all buyer-supplier transactions could be completed digitally, according to a report.<br /> &nbsp;</p>