Friday, July 20, 2012

Payment Method Used to Pay Major Suppliers

The graph below was created using Google’s charting tools.

This vertical bar graph shows how often payment methods were used, as a percentage of the total payments, to pay major suppliers.

The data for this graph was taken from a 2010 survey conducted by the Association for Financial Professionals titled “2010 AFP Electronic Payments – Report of Survey Results”.

Besides the data in the graph, much other useful data and several useful conclusions about payments are in the report.

The report can be read by clicking here (PDF file).

Payment Methods Used to Pay Major Suppliers

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