The right payment solution can accelerate growth, while the wrong one can stunt it. For small businesses, nonprofits and even large enterprises, how quickly and reliably money moves through the organization shapes everything from day-to-day operations to long-term strategy.

Business leaders must regularly evaluate whether their payment solutions can keep pace with evolving demands or risk falling behind.

Cash flow is the lifeblood of any organization. Whether it's a small business handling seasonal fluctuations, a nonprofit managing through a grant cycle or a large corporation coordinating purchases across multiple departments, the ability to effectively manage incoming and outgoing funds is fundamental.

Payment delays, mismatched billing cycles and inflexible payment terms can all create unnecessary strain, limiting a business's ability to invest in new opportunities or respond to unexpected challenges.

Related: Slow Payment Options Are Costing Your Business — Here's the Alternatives of the Future

Research reveals the operational realities business decision-makers face. According to a Morning Consult survey commissioned by Walmart Business, nearly 500 small business leaders reported spending approximately 40% of their workweek on administrative tasks.

A significant portion of this time is devoted to managing spending, cash flow and reconciliation—activities that, while essential, can........

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