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The cost of doing business in AP
November 20, 2024
Q. Has anyone ever done an analysis of the cost of doing business in AP? Check vs ACH, Pcard payment, Concur Expense reports, etc? Just curious if you have any data on that?
A.
(Answered by IOFM's benchmarking researchers)
While IOFM does not benchmark the average processing cost, our researchers found the following information online that may be useful: The average processing cost for different payment methods can vary based on a company’s specific operations, technology, and scale.…
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