The adoption of digital technologies accelerated when the pandemic made virtual work a necessity for a significant number of people. The same is true in accounts payable departments where teams that had manual paper-based processes were quickly forced to operate in a remote-first environment.
According to the Association for Financial Professionals' 2022 Payments Cost Benchmarking Survey, underwritten by Corpay, 73% of surveyed organizations are switching from checks to electronic payments to increase…
