2017 P2P Friction Study Report
The average US business wastes approximately 6,500 man hours per year because of manual, paper-based payment practices, according to new research conducted by Tungsten Network in conjunction with the Institute of Finance & Management (IOFM).
This report summarizes the findings of this research, which was based on a survey of 422 P2P professionals around the world, and answers questions like:
- Why does P2P friction matter?
- What are the top 5 causes of friction?
- Are some kinds of businesses more susceptible to P2P friction than others?
Assess the friction in your organization at FrictionFinder.com.