The ways in which companies conduct business have drastically changed in just a few short years, especially when it comes to making and receiving vendor payments. The pandemic and the widespread shift to remote work are likely to remain the status quo for the foreseeable future and have forced both buyers and suppliers to reinvent their accounts receivable (AR) and accounts payable (AP) processes to accommodate what has become a digital-first business environment.
The Reimagining Business Payments: How Digital Lockboxes Unlock AR Efficiencies Playbook, a PYMNTS and Billtrust collaboration, provides a roadmap for financial professionals who seek a more collaborative process to reduce the receivables frictions that paper-based payments create. Download to see what we learned about reimagining business payments.
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