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Frequency of trade payments
June 29, 2023
Q. Is there a recommended frequency for trade (non utility) type of payments?
A.
Payment frequency varies between organizations. To provide an overview of various organizations’ payment frequency, a compilation of questions to a similar question can be found at: Frequency of Payment Runshttps://www.iofm.com/ask-the-expert/frequency-of-payment-runs Also, you may find the following resource helpful:
Payment Benchmarkshttps://www.iofm.com/ap/benchmarking/payment-benchmarks
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