Late Payments & Other Things Killing Your Supplier
Any member of the procurement team who fields a “Hey, where’s my payment?” call knows supplier payments are fraught with landmines that might tank the negotiations of your next contract. But beyond getting them on time, what do suppliers actually think about their payments? What are their friction points? And what can you do to better ensure supply with supplier relationships built to last?
Join host Bob Cohen, along with supplier payments expert James Lee from Mastercard and market researcher Doug Anderson, as they dive into the latest research by Taulia.
This study, featuring insights from over 1,000 suppliers worldwide, sheds light on the key challenges faced by suppliers when it comes to payments. From cross-border complexities to onboarding friction, discover what truly matters to suppliers and learn actionable strategies to build strong, lasting relationships.
What you will learn:
- Gain insights into the challenges suppliers face with payment processes.
- Discover the most valued payment features that can enhance supplier satisfaction.
- Learn how to build trust and ensure long-term supply chain stability.
- Understand the complexities of cross-border payments.
- Explore best practices for onboarding with new customers.
- Identify the payment features that matter most to suppliers.