Infographic: Results of 2017 P2P Friction Study
Cumbersome payment processes cause friction that costs businesses significant sums of money and time. Searching for purchase order numbers, processing paper invoices and responding to supplier enquiries are some of the manual processes that drain resources.
In order to learn more about the current state of P2P friction, Tungsten Network recently surveyed 422 P2P professionals around the world, with the most revealing results of the research shown in this infographic.
Among the revelations are:
- - Why friction matters, including the costs in time and money
- - The top 6 causes of friction
- - Larger businesses feel more P2P friction than smaller ones
To learn more about how you can fight P2P friction, visit FrictionFinder.com.