Levvel Research Global Payables Report
An Updated Look at Global Payments Platforms for Growing Organizations
As globalization becomes an ever increasing reality in today’s world, organizations are expanding their supplier bases overseas, leading to an increase in cross-border payments. However, international payment management entails taking on much more effort and risk than domestic payments in terms of compliance with international tax and regulatory requirements.
In an independent study carried out by research and analyst firm Level Research, they found that the most common practices for managing cross-border payments are neither the most efficient nor the most affordable. Instead, they cost organizations heavily in payment fees, time, and manual labor, and can have negative impacts on supply chains and supplier relationships.
Download the study to see:
- The Current State of Global Payments
- Common Global Payment Methodologies
- The Consequences of Mismanaged Global Payments
Complete the form to download the study today.