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Virtual cards are now experiencing growing popularity as a means of business-to-business payment, and the integration of these, including the payment flow between buyers and suppliers, is an integral part of Boost Payment Solutions’ offering…

Many businesses routinely struggle to pay their suppliers on time, leading to those suppliers wasting precious hours and resources chasing down the payments.

The global adoption of digital payments is increasing, and commercial payments are no exception.

Living in the past holds organizations back. But as the B2B payments landscape continues to be transformed by ongoing digitization some enterprises are themselves holding back from fully embracing modern tools out of a fear that going digital could mean opening the floodgates to fraud.

Intractable manual payment processing remains a significant pain point for many organizations, but the more companies experience automated payment processing with the cost savings and valuable data it yields, the more they move to embrace it across the business.

Business interest in alternative financing solutions is rising almost as fast as interest rates are.

PYMNTS asked business leaders for their take on how to plan for the rest of 2023, and what they are telling their teams to focus on. Seth Goodman, chief revenue officer at Boost Payment Solutions, says commercial card technology, such as virtual cards, can help CFOs manage payment activity.