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11min chapter
Equipping B2B Accounts Receivable to Thrive in the Digital Age with Nancy Sansom of Versapay
PayPod: The Payments and Fintech Podcast
The Challenges of B2B Payments and AR
This chapter explores the reasons behind the slower digitization of B2B payments compared to B2C. It discusses the complexity of the B2B process, the importance of integration with ERP and accounting systems, and the outdated nature of legacy systems. Additionally, it highlights the impact of miscommunications and human errors on payment delays and emphasizes the need to transform the AR process for a better customer experience.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode