Complete Story
08/01/2022
Remove Roadblocks to B2B Portals
Here are some of the most common challenges B2B faces
Companies, like manufacturers, face a common problem when making payments to suppliers: the lack of supplier portals. In a recent study conducted by pymnts.com, 42 percent of financial institutions cited paying suppliers as a common problem corporations face. And 15 percent of those executives surveyed said the inability to offer supplier portals was the most important problem companies confront when paying suppliers.
Competing internal priorities, lack of resources, and software upgrades can dismantle a B2B portal project. But customers are demanding digital self-service from their suppliers and B2B companies need to overcome the obstacles associated with providing this crucial customer portal.
Here are some of the most common challenges B2B faces – and how to overcome them.
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