Struggling with outdated payment processes is something almost every B2B organization is familiar with. In fact, three in every four SMBs experience delays while receiving B2B payments. 

For B2B organizations, using manual payment processes is like hitting the brakes on growth. In such a bleak scenario, digital B2B payment platforms come to the rescue. 

With faster settlements, real-time tracking, and multi-currency support, these platforms make business transactions refreshingly simple - not to mention the possibility of global reach and scalability. 

In this article, we’ll explore what B2B payment platforms are and how they help businesses in streamlining their payments.