Supplier Payments

The transition from paper check processing to the use of a virtual card can be daunting, which is why we’ve created a five-step guide to making the transition as efficient and seamless as possible. The value of running a supplier...

The digital frontier continues to open new doors for businesses. To put it bluntly, those who continue with their manual “tried and true” payable and receivable practices will be left behind. Those who take advantage of the automated tools available...

Using paper checks? Consider the move to a digital wallet Do you find yourself writing a lot of checks every week and then having to deal with the organization and tracking of those payments? If your business is still paying...

What is a digital wallet? A digital wallet is an application that runs on mobile devices and computers and allows users to make financial transactions through online channels. Individuals and companies can securely store payment information –  including credit card,...

After years of false starts, businesses are pushing hard to automate payments to their suppliers. Over the next three years, according to Mastercard research accounts payable leaders plan to significantly reduce the percentage of payments they make to suppliers using...

Businesses of all sizes have made automating the procure-to-pay (P2P) lifecycle – from purchase order requisition through payment settlement – a priority, according to research from Levvel. Compared to piecemeal solutions that automate only part of the procure-to-pay process –...

An urban legend. A myth. Wishful thinking. Fake news. Whatever you call it, the notion that suppliers won’t accept electronic payments from their customers couldn’t be further from the truth. In fact, the percentage of payments that U.S. businesses make...

The digitization of corporate payments is creating a new challenge for businesses: how to optimize payments to suppliers, regardless of whether the payment is made via commercial card, ACH, EFT or check. Businesses now make 39 percent of their payments...

The CFO’s role within their business is undergoing fundamental change. It is no longer enough for CFOs to serve as a financial scorekeeper. Boards, CEOs and other corporate leaders expect their CFO to help develop strategies for keeping up with...

Electronic Payments Require a Seamless UX The advent of the internet highlighted many things for business. It was a billboard for information, it was a tool for selling, it was a way to send an electronic payment or message and...