Digitization Strategies: How CFOs Are Prioritizing Digital Payments To Maximize Efficiency

Study Finds Fraud and Risk Remain CFO Focus as Recession Looms  The last three years have forced substantial changes in the investments made to automate and digitize the office of the CFO. “Digitization Strategies: How CFOs Are Prioritizing Digital Payments To Maximize Efficiency,” a collaboration with Corcentric, PYMNTS first quarterly survey of 250 CFOs, finds one who is modernizing fraud and risk initiatives, while digitizing receivables.
Inside the November Report
  • 48%: Portion of companies that invested in fraud prevention and risk management applications to help maintain business operations amid the pandemic
  • 44%: Share of companies that abandoned the investments in working capital and credit digital solutions they made to continue operating during the pandemic’s early stages
  • 80%: Portion of CFOs say inflation is influencing their expectation that a recession is imminent

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    Business Payments Digitization Report

    Expanding the Payments Palette
    Modernizing Procurement Processes
    Changing Economy Sparks New Priorities for Systems Spending
    Investing in Payments Systems for the Digital Economy
    Retailers, Manufacturers Seek Better Workflows
    The Fast Track to Payments Systems Upgrades
    Business Payments Digitization: How Financial And Healthcare CFOs Build Healthier Balance Sheets
    Business Payments Digitization: Large Companies Set The Pace
    Business Payments Digitization: A Path To A Better Balance Sheet