Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.
The increasing use of mobile apps to conduct key invoice processing functions from anytime and anywhere; expanding use of social media platforms to collaborate with colleagues, suppliers and partners; and the growth of the cloud as an enabler of automation for companies of all sizes, will power growth in e-commerce in 2013.
