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Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize paymentstrategies and promote digital adoption. For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. The result?
While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B paymentsstrategies. As businessescontinue this shift, it is no longer safe to assume that corporates are not interested in faster payments.
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