4
Historically, payment processes have been incredibly manual and slow resulting in:
• Limited real-time visibility and analysis of your AP stream
• Delayed payments
• 40% of B2B domestic payments are considered late*
• High processing costs
• ScotiaBank's check cost issuance model shows costs can average between $15 and $25
per check – and can be as high as $50 per check in some cases**
Attempts at streamlining payable
processes to AP scale have, in the
past, required sophisticated
automation from within your
financial system. Unfortunately, the
IT resources to do this have been
prohibitively expensive and overly
complex.
*Source: https://atradius.us/reports/payment-practices-baromter- --the-ame ricas-2016.htm l
**Source: http://berkeleypayment.com/blog/how-much-does-a-cheque-cos t
Introduction
You can pay with your American Express
Corporate Card without leaving Sage Intacct.
