OpenTreasury Boost: Virtual Cards & Payments Automation in B2B
Jul 18, 2025
Rebecca Schultz, Chief Marketing Officer at Boost Payment Solutions, dives into the future of B2B payments automation. She tackles common barriers to adopting virtual cards and emphasizes their advantages, including fraud reduction and enhanced data for operations. Real-life examples showcase how companies like Dane Street have improved accounts receivable and payable processes. Rebecca also highlights which industries are reaping the most benefits, making a compelling case for embracing virtual cards in today's business landscape.
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Begin With Small Automation Steps
- Start automation with small, incremental steps rather than an all-or-nothing overhaul.
- Partner with a specialist provider like Boost to reduce time, cost, and internal resource strain.
Hidden Costs Undermine Automation Hesitancy
- Perceived complexity and hidden costs block payments automation despite clear benefits.
- True ROI appears when manual work, collections drag, errors, and fraud exposure are counted alongside transaction fees.
Cards + STP Erase Manual Frictions
- Virtual cards plus straight-through processing remove manual touchpoints and data errors in B2B payments.
- That combination delivers faster, safer payments and richer remittance data for cash application.