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Over 80% businesses making partially automated payments to suppliers: Survey
According to a survey commissioned by American Express, 84% of businesses in India have partially automated payments to suppliers. The survey, which included responses from 513 entities across various sectors, also found that 39% of businesses have achieved full automation of their payment processes. Additionally, 34% of businesses who haven't fully automated their payments are seeking partners for this purpose. The survey highlights the increasing trend of automation in the payments system in the country, driven by the need for smarter and more efficient payment solutions.
According to a survey commissioned by American Express, 84% of businesses in India have partially automated payments to suppliers. The survey, which included responses from 513 entities across various sectors, also found that 39% of businesses have achieved full automation of their payment processes. Additionally, 34% of businesses who haven't fully automated their payments are seeking partners for this purpose. The survey highlights the increasing trend of automation in the payments system in the country, driven by the need for smarter and more efficient payment solutions. 
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