Remove Automation Remove Lockbox Remove Remittance Data
article thumbnail

Commercial Cards: It’s All About The Data

PYMNTS

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. Data’s Favorite Payment Rails.

article thumbnail

Moving Beyond Silos For AR Management

PYMNTS

The historically fragmented nature of disparate services and payment solutions, ranging from credit cards to ACH to mobile payments to lockbox and remote deposit capture is a driving force in corporate banking clients’ desire for truly integrated receivables solutions.

article thumbnail

Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

According to Reed, Deluxe’s lockbox services process $2 trillion worth of paper check payments every year, and there is no silver bullet to transitioning that volume to electronic payment method all at once. “It really minimizes the disruption.” But addressing payee needs is just as critical to easing the digital migration.

Checks 67