Wednesday, September 3, 2008

More B2B Transactions Go Electronic

By Mark Brousseau

More signs that paper checks are losing their grip on business-to-business transactions. Some 56 percent of treasurers, CFOs and other senior finance executives say they use p-cards and see reducing administrative costs and time as top benefits, according to Treasury & Risk’s annual cash management survey. Meantime, 55 percent of respondents to the survey said they handled more than 80 percent of their business online.

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