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Cleo and Paystand Team to Automate B2B Payments

  • Cleo and Paystand have partnered to automate B2B payments, aiming to streamline order-to-cash and accounts receivable processes.
  • The integration allows for fully automated order-to-cash cycles with no manual effort required, enhancing revenue collection efficiency.
  • Businesses can integrate their ERP systems with payment systems through Cleo and Paystand collaboration for improved cash flow and invoicing efficiency.
  • While B2C payments have evolved digitally, B2B payments still face challenges due to manual processes and legacy systems, but the adoption of solutions like virtual cards and real-time payments is revolutionizing the sector.

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