Previse Strives to End Late B2B Payments with AI PYMNTS.com

Imagine walking into Starbucks, getting the coffee, and telling the barista, "Thanks for the coffee … send me an invoice, and I'll pay you in three months." So offered Paul Christensen, CEO of Previse, in an interview with PYMNTS, as an illustration of the traditional ways in which bills get paid. But late payments can have dire consequences up and down the buyer/supplier relationship, especially the one between large enterprises and a plethora of small suppliers. For large buyers, deciding who to pay and when can be an inefficient paper chase. For small suppliers, waiting for money means a tougher operating environment.