Expense Management
How Virtual Payments Can Help You Manage Corporate Expenses

How Virtual Payments Can Help You Manage Corporate Expenses

How Virtual Payments Can Help You Manage Corporate Expenses Around the world, businesses are using new technologies to redefine the capabilities and functions of internal departments from HR to finance. The advent of digitization and automation has cultivated a demand for greater accessibility, functionality and personalization from corporate buyers. Up until now, many companies were wary to introduce sweeping changes to their AP department, often relying on tried and true payment methods. But nothing can resist the tides of change, and buyers are looking at what that might mean for their AP departments. The emergence of virtual payments as an alternative to traditional payment methods has caused a lot of waves in the market. But for a payment method that is expected to process over $500 billion by 2024, there is still a lot of questions surrounding virtual payments. In this post, we'll answer a few of the key questions about this growing technology. What are virtual payments? ...
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