Introducing a new way to increase electronic spend and capture volume lost to check Grow electronic spend with Business Payments Network THE B2B PAYMENT CHALLENGE In the digital age we live in, it’s incredible to think that half of all B2B payments are still sent by paper check. It’s a process that’s filled with inefficiencies. Even so-called ‘electronic payments’ involve high-touch processes to reconcile. For example, suppliers are spending an average of 5.5 minutes to process virtual card payments – known to be the fastest growing form of B2B payment. Between opening emails, pulling remittance from portals, authorizing cards, and reconciling payments in their ERP, is it any wonder they sometimes turn off card and reject payments? And as an account payables provider, you’r

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