Making the Most of Your Accounts Payable Spend?
Card programs are great, but if that’s where your AP automation efforts end, you may be leaving money on the table. Why? Because on average, organizations only pay 24% of their suppliers by virtual card.
That leaves a lot of unrealized cash back rebate potential—and comes up short of most financial teams' goals for payment process automation and security enhancements.
Ask yourself these 5 questions to uncover how optimized your AP payment processes truly are. You might be surprised by your answers.
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