Although it is one of the largest industries in the world, the real estate sector has been a laggard when it comes to modernization. To understand why, consider your payment process. Real estate accounts payable (AP) teams are buried in paperwork, with a massive number of high-dollar transactions, stymied by limited control and visibility across a network of vendors, and bogged down in endless hours spent on mundane manual tasks and paper checks.
Payments Automation
