What’s next for B2B payments after checks? Plus, how commercial cards recharted their adoption course
| | | | BUSINESS-TO-BUSINESS EDITION | | Commercial Card Innovation |
| How The Corporate Card Recharted Its Adoption Course The global pandemic brought business travel to a standstill, creating an uncertain future for corporate card spend. But in recent months, the commercial card industry has revved up efforts to showcase the spending tool's value in use cases like accounts payable, promoting cash flow, spend visibility and a remedy to the challenges of a remote workforce. |
| | B2B Payments | | With Paper Checks Pushed Out, What's Next For B2B Payments? It took a global pandemic to finally move the needle on B2B payments digitization as accounts payable and accounts receivable departments found paper checks were no longer a viable option. But while progress has been made, there is more work to be done to modernize and optimize B2B payment workflows, with industry leaders eyeing data connectivity and collaboration as key components to continue the momentum into 2021. |
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