Creditsafe’s Industry Payment Analysis Report revealed that right now, a whopping 25% of all US B2B transactions are received late.
There are many reasons for the rise in past due payments. Some businesses are reserving funds to become recession ready while others are victims of late payment themselves, which limits their access to cash.
These challenges are outside of your control. But what you can do is make it much simpler for customers to settle their invoices.
In this toolkit, we explore common obstacles customers face in the B2B payment process and the five features your process should offer to accelerate customer payment speed.
Ready to get paid faster?