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.