SRM embedding payments within existing ERP, P2P and AP platforms that many corporates are already using today, meaning no additional, custom development is required.
Ease of integration, as well as one to many connections, is critical. We recently announced our Commercial Connect API, currently being piloted in Europe, which will further simplify integration for B2B payments by offering a single, scalable connection, simplifying onboarding and reducing go-to-market timelines for embedding payments.
Another major hurdle is supplier onboarding, which traditionally involves lengthy, multi-department processes that slow adoption. We’ re tackling this with our
Supplier Enablement & Activation Service which provides end-to-end support, enabling faster and more efficient onboarding of suppliers and helping businesses scale their digital payment programmes smoothly.
Q. HOW DO YOU SEE COLLABORATION BETWEEN FINANCE, PROCUREMENT AND CONTRACT MANAGEMENT EVOLVING WITH NEW PAYMENT INNOVATIONS?
» Payments have traditionally been viewed as a back-office function, but that’ s changing.
Collaboration between finance, procurement, contract management
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