With the Major League Baseball season kicking off this month, it's safe to say teams are experiencing a number of "firsts" for the year. While players and fans might be concerned with their teams' first wins, strikeouts or home runs, back office managers are worried about first road trips, paychecks and sponsor agreements.
As they begin paying for these and countless other items and services this season, more franchises than ever are using electronic payment methods to do so.
The Texas Rangers are among the latest teams to make the switch, embracing electronic payments across their accounts payable operations, reports PYMNTS. According to Kellie Fischer, the franchise's Chief Financial Officer, going electronic has enabled the organization to pay its vendors in as little as two weeks. … more