Procurement Magazine March 2025 | Page 67

You don ’ t have to figure anything else out , go anywhere else , click any other button or bring in any other data .
This allows you to have full visibility into the entire end-to-end status of where suppliers are in their journey : what payment method they ’ re set up on , whether they ’ re new , the status of all payments and invoices . That ’ s incredibly helpful for the whole finance and procurement organisation , to track supplier behaviour and total ROI of the investment in these systems which are driving massive innovation , making them more valuable to users .
Cheques are the most fraud-prone AP payment method

65 %

of organisations reported cheque fraud activity in 2024
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