Tag: Payment Solutions

Credit professionals often require advanced payment from customers or countries they may consider high risk. However, it is important to review the documents closely to determine if there are requirements and conditions that could delay or void payment if not met.

In an era where digital transactions reign supreme, customer payment portals have emerged as a convenient and efficient way for businesses to manage receivables and streamline payment processes. However, while the benefits of customer payment portals are undeniable, their implementation and maintenance come with their own set of costs and considerations for credit departments.

💻 Customer payment portals have evolved in the last few decades with the growth of automation—playing a paramount role of processes in the B2B credit world.