Businesses adapt supplier payment behavior during COVID-19 pandemic
Businesses have changed the way they pay supplier invoices during the COVID-19 outbreak according to analysis from Medius, a leading provider of cloud-based spend management solutions. While the data from Medius global customer base shows that most companies manage to continue operations at a ‘business as usual’ level, many have changed supplier payment routines to manage cash flow and supply chain uncertainties.Invoice data suggests many businesses operate ‘as usual’ Thanks to its cloud-based AP automation solution Medius can aggregate and monitor anonymized behavior data from the