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Supply chain losing hours, money to poor financial systems

from Material Handling & Logistics

Clunky payment practices are causing friction in U.S. business’ supply chain. The average U.S. business loses $171,340 per year. This equates to almost 6,500 man hours chasing purchase order numbers, processing paper invoices and responding to supplier inquiries, according to a new study, "Friction Index" report, by Tungsten Network. more


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