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Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. These solutions are not one-size-fits-all, though, and companies must select their tools with care. Managing Cash Flow Reporting in B2B. Carter said.
Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Same-day ACH may appeal to some companies, while the RTP network suits others, for example. Adam Carter , vice president of global treasurymanagement, faster payments at U.S.
In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular paymenttool in B2B transactions, lockbox services remain in high-demand.
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