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Paper payments proving to be a hard habit to break (access required)

In 2014 the Wall Street Journal published an article titled, “U.S. companies cling to writing paper checks.” At the time, 50 percent of business-to-business payments were being made by check, at an average of $5.91 per check—an estimated 10 times more costly than automating payments. Since then, the benefits of automating processes have been documented to ...
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