Accelerating International Business Growth Through Simplified B2B Payments
Explore the unique challenges expanding businesses face, plus simple payment process changes that unleash growth
As economies have become more global, cross-border transactions are much more common. However, unlike the digitization that we’ve seen in industries like consumer e-commerce, the legacy infrastructure deployed by many businesses to get paid is lagging behind industry standards. For instance, in the accounts receivables side of Business to Business (B2B) payments, finance departments still rely heavily on international wire and bank transfers, which are complex, cumbersome and costly.
In our new survey, we uncover the key obstacles that finance professionals face when it comes to getting their companies paid. Overwhelmingly, we find that modern payment solutions can be the difference between losing revenue, or achieving scale.