The role of CFO is transcending traditional boundaries, taking on more strategic dimensions that involve new and different skill sets than those typically associated with the position. Priority Technology Holdings' pick of Tim OâLeary as the new chief financial officer is but the latest example.
A check is just a piece of paper, and as one of the oldest forms of B2B payment it is susceptible to a variety of old school frauds. Thatâs one of the major reasons companies need to automate B2B payments.
Shruthi Murthy, head of engineering at Modern Treasury, tells PYMNTS that modern payments infrastructure has to make payments faster, fraud-free and low-fee â if they are to meaningfully improve complex B2B transactions.