From traditional paper checks to electronic payments and even crypto, choosing from the payments a company offers can feel overwhelming. Featuring a comprehensive guide, this ebook outlines the pros, the cons and best use cases of some of the common payment types available to accounts payable teams.
New payment system apps and software companies seem to be popping up every week. According to a 2023 AP Needs Assessment from Hanover Research, organizations are planning to add a variety of new payment types in the coming years. In fact, 30% of organizations plan to add a virtual card payment option in the next year and 26% plan to add eChecks.
To help ensure your company can reap the rewards of AP automation tools while only switching vendors once, it’s important to work with a trusted payment vendor with a long track record of excellence and success. Long-term, successful payment organizations like Deluxe are the foundation of successful relationships.
In this ebook, you’ll learn: