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Harvard And Capital One Survey Mid-Market B2B ePayments Adoption

PYMNTS

Employee travel and entertainment expense reimbursement processes are electronic among 44 percent, and fewer middle-market firms said that supplier purchases, AP and international payments, and fleet operations are digital. Only 13 percent said they’re using virtual cards.

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How SMBs Prepare For A New Era Of Employee Expenses

PYMNTS

"Business expenses are estimated to have dropped by more than 50 percent in the initial phase of the pandemic," he recently told PYMNTS, "but we are seeing a noticeable pickup in spending volumes as businesses adapt to the 'new normal' and business entertainment returns in smaller group formats.".