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B2B payments in still using cash and physical checks to make payments to
their partners and vendors, wasting their own (and their
2023: Businesses stakeholders') time.
As we look to the year ahead, it's crucial that businesses,
need to go digital now no matter the industry, turn toward digital payments to
alleviate the many issues associated with B2B payments,
including creating better internal workflows and cutting
costs to maximize their bottom line.
Digitizing B2B payments Creates a better workplace

Regardless of how many transactions your business makes
throughout the year, your company is likely wasting too
many resources on mailing physical checks out to your
partners and vendors. With automated B2B payment
solutions, businesses can pay their vendors in a faster and
By Darin Horrocks safer manner through their preferred payment methods,
REPAY adding another layer of convenience.
ur world is embracing the benefits of real- Businesses can also accept similar payments from their
time electronic payments, but in the world of partners and business customers, greatly speeding up
B2B accounts receivable (AR) and accounts time to revenue. With manual payments eliminated,
O payable (AP), digital money transfers and employees responsible for processing the payments have
acceptance are still rare, and often stuck using legacy sys- the opportunity to focus their time and attention on
tems. Despite individual consumers making the most of projects that can help drive further growth across the
cashless transactions, many institutions across sectors are business.

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