Virtual card benchmarks
January 31, 2019
Q. I am currently assessing the success of our virtual card payment program and am looking for benchmark data to compare. Specifically, I am looking at the three metrics below. Any information or links to sources would be very helpful ... or even just a poll from the panel.
Average % of vendors paid via virtual card
Average % of spend via virtual card
Average % of payments via virtual car
(from the IOFM Advisory Panel)
By V-card, I’m assuming you are speaking of a virtual card. We…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise member — or upgrade your Starter membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!