North Mountain Overview

CFOs face unique challenges $ 0000 Poor Cash Flow Management Inefficient Legacy Systems & Processes Proliferation of Point Solutions Complex Integration Requirements High Costs Complexities in B2B payments, including opaqueness in each step along the value chain, results in companies mismanaging cash flow 40%+¹ of B2B transaction volume is still processed through paper checks, which is manual, expensive, and prone to error Proliferation of point solutions result in the need to purchase many systems and solutions that come with high costs and poor integration Hundreds of available accounting and reporting systems pose business and integration challenges Traditional B2B payments represent a staggering proportion of expenses that directly eat into company bottom lines corcentric (1) PMNTS.com “Deep Dive: Why Paper Checks Still Factor Into B2B Firms' Payment Optimization Plans" (2021) 10

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