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Debunking Myths about Virtual Cards in AP

Written by Ben Frank | Thu, Oct 03, 2019 @ 05:36 PM |

Original published on May 26th, 2015. Updated on October 3rd, 2019. 

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In today's digital world, no one really uses checks regularly for their personal transactions.  Ask anyone outside of the finance industry the last time they saw a paper check, and they'll more than likely tell you it was while binge-watching a 70's sitcom. The steps required to process check files are also very dated.  In business, your advanced ERP may output the file seamlessly; there's just no getting around the folding, stuffing, and mailing unless you outsource that to a department with machinery to handle that for you. 

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