A Deep Dive Into the Manufacturing Sector

A Deep Dive Into the Manufacturing Sector

86% of Manufacturers Say Real Time Vendor Payments a 2024 Priority

Real-time B2B payments are transforming the manufacturing industry, with PYMNTS’ latest study of 125 manufacturers revealing that nearly all used them at least once in the last year, while 86% are in the process of improving their real-time solutions within the next year. Read more in “Corporate Changes in Payment Practices: A Deep Dive Into the Manufacturing Sector,” a collaboration with The Clearing House.

Inside the August Playbook

  • 91%: Portion of manufacturers that view real-time payments as crucial to supplier relationships
  • 59%: Share of manufacturers that plan to make more real-time B2B payments
  • 47%: Portion of manufacturers that plan to pay with checks less frequently

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