Small and Medium Businesses Are Changing the Face of Banking
According to U.S. Census Bureau data, businesses with fewer than 500 workers account for 99.7 percent of all businesses, and those with less than 20 workers make up 89.6 percent. With this level of small business impact, it’s no wonder that financial institutions have honed their strategies to tailor goods and services to these organizations. Yet, banks are falling short in seeing results from this growing share of the market. It begs the question, where is the gap?
Read this Banker's Guide eBook to find out how to close the gap, backed by Aite Group data.
Bill.com® Connect is a powerful, business payments platform that places your bank at the center of your small and medium business customers’ payables and receivables processes. Visit bill.com/banks to learn more.