What’s the ROI of Integrated Accounts Payable?
The accounts payable process often is a time-consuming, complex mix of B2B payments involving ACH, wires, checks, and credit cards. Simplifying your business’s accounts payable through Integrated Payables reduces labor and check costs, maximizes efficiency, decreases the opportunity for check fraud, and generates revenue through virtual card payments. This episode of the First Business Bank Podcast focuses on how integrating your accounts payable into one payment file works, the benefits of increasing your digital payments (including producing revenue), and how to evaluate the ROI of integrating your accounts payable for your business.