Payment Automation: The Future is Now!
In an ever-changing payments landscape, automation is no longer a buzzword. Data shows that clients of many businesses have already adopted automation solutions to help them streamline their end-to-end payments process. For businesses that do not already have automated payables or receivables solutions, 61% are interested in an automated payables solution and 59% are interested in an automated receivables solution. This represents a growing and significant market opportunity for financial institutions that have robust offerings for their commercial clients. While the rapid shift to remote work environments may have been a driving factor for the desire of automation, financial institutions, fintechs and practitioners alike are adopting automation solutions now. This informative session will present industry data that discusses this market opportunity, while offering perspective on the demand and success of being able to offer a payment automation solution.