Future of B2B Payments Starts with Automation and Efficiency, Finds New Bottomline, Strategic Treasurer Survey
This is being driven by demand from corporate customers who are seeking system integrations and embedded payments experiences.
- This is being driven by demand from corporate customers who are seeking system integrations and embedded payments experiences.
- The survey also identified a trend toward single payments solutions, with half of banks saying their clients prefer this and 65% of corporates reporting a preference toward single solutions.
- Efficiency continues to be the top driver for payments solutions with 47% of respondents reporting efficiency as the reason to evaluate and implement new payments automation solutions.
- While we are continuing to see greater adoption of electronic B2B payments, more work needs to be done, said Craig Jeffery, founder and managing partner of Strategic Treasurer.