plastiq - AP/AR Quick-Start Guide: Reducing B2B Payments Friction For SMBs - August/September 2022 - Dive into SMBs' views on all-in-one payment platforms

Reducing B2B Payments Friction For SMBs

Small Businesses Willing to Pay Premium to Eliminate AP/AR Hassles 

AP/AR headaches are so painful that two-thirds of SMBs interested in single platform for payables and receivables would be willing to pay up to 1% per transaction just for relief, according to a PYMNTS survey of 500 SMBs and 100 payments executives conducted in collaboration with Plastiq.

Inside the August/September Report

  • 28%: Portion of SMBs citing cash flow visibility problems due to AP/AR processes
  • 41%: Share of SMBs that encounter high costs when making B2B payments
  • 35%: Portion of SMBs that use ACH as their main method for making payments

    By completing this form, you agree to receive marketing communications from PYMNTS and consent to the sharing of your information with our sponsors, where applicable, in accordance with our Privacy Policy and Terms and Conditions. Sponsors may use this information to contact you directly. You may update your preferences or withdraw your consent at any time.

    to our daily newsletter, PYMNTS Today.

    AP/AR Report