B2B PAYMENTS TIPPING POINT
The B2B Payments Tipping Point report, a PYMNTS and Mastercard collaboration, analyzes more than 300 data points from money managers in 16 industries. It provides information on how, and how much, businesses expect to invest in their own B2B payments innovations in the near future, and takes a broader view of today’s B2B payments landscape. This helps create context on why and how businesses came to adopt their current systems, as well as what might incentivize them to change.
INSIDE THE SEPTEMBER Study
- 34 percent of companies say their use of ePayables will increase in the next three years.
- More than 35 percent of companies earning more than $1 billion per year have already adopted accounts payable automation.
- 61 percent of businesses say that Real-Time Payments would improve their payroll operations.