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Straight-Through or Shut Out: The Automation Reckoning Facing B2B Suppliers

  • The future of B2B payments is evolving rapidly, requiring suppliers to be fully integrated into buyers' digital infrastructure.
  • Visa launched the Visa AR Manager to streamline B2B virtual card payments, catering to the demand for real-time transactions and minimal human intervention.
  • B2B automation has progressed from email-based to batch file-based, with the current focus on API-based automation for real-time order processing and payment reconciliation.
  • Straight-through B2B processing, enabled by technologies like virtual cards, is becoming essential for suppliers to meet the speed and accuracy demands of buyers.

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