Supplier Payment Processes Survey Report
How much time do businesses spend paying their supply partners? How many are at risk for fraud or money laundering?
Gatepoint Research recently completed a Pulse Report study of 100 financial executives from fast-growing media, advertising, retail, and high-tech companies on their payment management practices.
Participants represented small-medium businesses and mid-market firms with annual revenues from $5M to $250M who regularly pay their suppliers. A “Supplier” in this survey constitutes an outside partner, vendor, service provider, affiliate, or any payable entity.
In this Strategies for Managing Supplier Payments research survey report, find out how your finance team stacks up handling payments processes. Some insights include:
- How many hours a week businesses spend processing payments
- How satisfied are businesses and their supply partners about the payment process
- How many businesses are at risk for being out of compliance with anti-money laundering regulations