Before the COVID-19 pandemic, firms were already dealing with slow check payment processes and their inherent fraud risk. A year later, with remote work operations now commonplace, newly cloud-based firms are adopting automated solutions for client payment processing.
Now that clients have moved to the cloud, they want to pay in the cloud. Automating payments processing shortens the collection cycle and improves cash flow, a new report finds.
If your firm is considering adopting new automated payments technology, consider these reasons why the tech can improve your bottom line.