Companies should eliminate as many paper checks as possible. The lead to an inefficient and costly accounts payable payment process. In this episode, Mary Schaeffer discusses the 5 biggest drawbacks to using paper checks and why companies everywhere should switch to ACH (electronic payments) and/or credit cards.

Paper checks are still used for approximately half of all B2B payments. With staffs working remotely, it became even more obvious why companies everywhere should work to eliminate paper checks. Best practice organizations are doing just that: working to eliminate as many paper checks as they possibly can.

Although some companies have done an excellent job in minimizing the number of paper checks issued, many still produce far too many and have not worked on eliminating as many paper checks as possible.  At the end of the day, every company should eliminate as many paper checks as possible. The reasons are discussed in this podcast.

Host: Mary Schaeffer (https://www.ap-now.com/)

Credit: Music: https://www.purple-planet.com