Late payments and tedious processes threaten suppliers of various sizes, particularly in today’s challenging global environment.
This report, “The payment challenges that suppliers are facing”, is based on a survey conducted throughout May 2024 with 1,093 respondents across the globe. Spanning businesses from small and medium-sized enterprises (SMEs) to large corporations, suppliers unveil the qualities they seek out when selecting a payment method.
Notably, the survey reveals the importance of reliability and straight-through processing in payments, as well as the widespread practice of conducting billable work prior to being an authorized supplier. These findings highlight the urgency of leveraging transparent payment methods with simplified onboarding processes: benefits offered by Taulia Virtual Cards.
What you will learn
Download the report now and discover why:
- Suppliers are increasingly sensitive to payment speed
- Automation is required to accelerate the process of onboarding new suppliers
- Digital alternatives to legacy methods, especially virtual cards, can improve buyer-supplier relationships
Gain valuable insights into how Taulia Virtual Cards can transform your payment strategy and improve payment experiences for suppliers.