As businesses look for new growth opportunities, expanding internationally is an obvious consideration. Selling to international customers is one thing and getting paid is entirely another. Almost 9 out of 10 finance professionals we surveyed pointed to the difficulties involved with collecting cross-border payments from business customers as an impediment to their international growth.
With that in mind, we put together a B2B cross-border payments checklist, giving a quick view of some of the core payment capabilities any business needs to have when serving customers internationally. Without them, you may find it very difficult to get paid. With them, your entire receivables process will be a lot easier, and your business will be a lot more efficient.