Online marketplaces and the challenge with high-volume payouts
In this report, we collaborated with PYMNTS to learn the challenges that online marketplaces experience with high-volume payables and how they view AP automation to support long-term growth.
We learned that:
79% expect innovation to speed up payables processing
22% say insufficient communications undermine their vendor relationships
70% say their vendor relationships will improve as a result of AP automation
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More options, more payouts — on time, every time
Give your sellers and contractors the experience of fast, convenient payment options with full details of every transaction. Offer the industry's fastest payment speeds including Same Day and Next Day ACH along with Real-Time Payments for instant direct-to-bank transfers. If your payees prefer checks, send them in your choice of eight different delivery options.
Indie marketplace saves 90+ hours a month with Routable
Routable’s modern and easy-to-use API saved Garmentory countless hours they would have spent building a payments solution in house.
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Download the report to take control of your online marketplace growth strategy and ease your AP team’s day-to-day workload.
