Reports 13 Min Read

How Efficient Payments Can Improve Supplier Relationships

Successful business leaders recognize the importance of strong supplier relationships for building and growing their organizations. Even so, the payment processing component is often overlooked, potentially due to legacy systems. These dated processes require unnecessary manual labor and cause neglected relationships.

As B2B suppliers have become more comfortable using instant, self-service payment platforms in their personal lives via apps like Venmo and PayPal, their expectations (and demands) for receiving business payments have also evolved. In addition to secure, frictionless payments, suppliers want options to receive payments via the best method for them.

In this eBook, you’ll learn:

• The benefits of automation for AP teams
• 3 ways efficient AP processes impact supplier relationships
• The features of a best-in-class automated AP system