Likelihood of organizations converting B2B payments from checks to digital payments
Portion of business that will come to the realization that they need to automate their AR processes
30%
Portion of practitioners reported that their organization is either very or somewhat likely to convert the majority of its B2B payments to suppliers from checks to electronic payments
58%
Source: AFP 2020 Survey: A Snapshot of Electronic Payments and Payment Fraud
Majority of B2B payments are currently electronic
Unsure
Not at all likely
Priority
Very likely