“The US B2B payments sector is a must watch in 2022, totaling over $25 trillion annually. Yet, with approximately 50% of transactions still involving paper checks, it is one of the last untapped markets in electronic payments with a high degree of fragmentation and manual processes for payment and reconciliation. The key to unlocking value across this landscape is digitizing data, automation and improving the payment experience.”
– Rob Anderson, partner at FTV Capital