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Small to mid-size enterprises (SMEs) account for 99 percent of all European businesses, provide two out of three of the private sector jobs, and contribute to more than half of the total value-added created by businesses in the EU. But despite the fact that small and midsize businesses make up so much of the economic landscape, there are many processes within these organisations that remain dated. One of those archaic processes that plague many small businesses today is payments.
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