Survey after survey reflects how large SMBs’ cash flow woes really are. Last year, Intuit’s global survey revealed 61 percent of SMBs struggle with cash flow, with payment processing delays one of the largest culprits of this challenge. Only weeks later, SMB lending platform Kabbage found nearly two-thirds of SMB owners cite cash flow concerns as the cause for their anxiety. With so much automation power in SMB accounting today, why are SMBs still tripping over cash flow?
Read more here: https://www.pymnts.com/news/b2b-payments/2020/float-faster-payments-show-future-smb-cash-flow/
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