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Why Automated Payments Are the Future of AP

Why Automated Payments Are the Future of AP

Blackbaud
Pages 1 Pages

Despite high costs and security risks, 42% of B2B payments are still paper checks. Paper processes involve manual approvals, printing, and mailing, exposing organizations to fraud and delays. The median cost for paper checks ($2.01–$4.00) far exceeds ACH transactions ($0.26–$0.50). Automated payments offer a faster, more cost-effective, and secure solution, streamlining processes, reducing errors, and enabling immediate issue detection.

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