Direct savings:
- 15-25% reduction in payment processing costs (volume consolidation + competitive rates)
- Elimination of check printing/processing ($1-5 per vendor payment)
- Improved payment success rates = fewer retry fees and chargebacks
Indirect savings (time):
- 30-40% reduction in reconciliation time
- Faster cash conversion cycles with automated outbound payments
- Fewer payment disputes and failed payment follow-ups
- Typical ROI: 4-8 months