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2015 AFP: Payments Cost Benchmarking Survey

The results of The 2015 AFP Payments Cost Benchmarking Survey, backed by data from over 500 respondents, confirm what the industry has suspected for a while… that paper checks are considerably more expensive than electronic payments.

But with paper checks still accounting for 50% of B2B transactions1, finance professionals still have work to do to optimize their AP operations because often what doesn’t feel broken goes unfixed.

2015 AFP Paymens Cost Benchmark Study

Access AFP’s latest research to learn:

  • The median inbound/ outbound costs associated with various payment types
  • Top 5 reasons 80% of responders cited they are currently in the processing their B2B payments from paper checks to electronic payments
  • What you need in order to make a strong business case to automate your current payment systems

This eye-opening survey data will help you create a strong business case and sense of urgency around payment automation to drive greater efficiency, cost-savings and fraud prevention.

Fill out the form to obtain your free copy.

1 The Institute of Financial Operations 2014 AP Automation Study

Fill out the form to obtain your free copy.