We regularly pull date from our 2017 Perceptions Study and share it, visually, with our members and visitors. This featured infographic highlights the difference between how supplier organizations are currently being paid by their customers and how they prefer to be paid by their customers. There is an ongoing disconnect regarding payment, especially as it relates to check and electronic payment.
Although companies still deliver and accept paper checks as a form of payment (it is currently the most frequent method of making payment to supplier organizations), electronic payment continues to show significant increases in frequency and preference.
See the complete infographic below or download the infographic HERE.