Remove Auditing Remove Forecasting Remove Vendor Management
article thumbnail

Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

Researchers forecast mobile payments to account for $1 trillion in transactions next year. For B2B buyers, they include the human error of manual data entry, the risk of fraud and a transparent audit trail; for the vendors managing accounts receivable, those challenges include delayed payments or long payment cycles.

B2B 65
article thumbnail

Bridging Banking Gaps For Cannabis Companies

PYMNTS

There are security costs, theft risk, tracking of how cash is used, vendor management, the lack of payroll infrastructure in place, the 10+ percent premium charged for paying taxes with cash, cash courier services and the sheer amount of time required day in and out to manage the flow of paper bills. “At The Benefits of Tech.

Banking 68