The Strategic Role Of The CFO

The Strategic Role Of The CFO

Report: CFOs See Digital AR/AP as Best Way to Boost Efficiency and Transparency

More than half of real estate, wholesale trade and manufacturing chief financial officers (CFOs) see accounts receivable (AR) and accounts payable (AP) digitization as a way to bring transparency to customers and partners alike. PYMNTS’ Strategic Role Of The CFO Playbook, a Versapay collaboration, surveyed 400 finance department leaders to find out why they see digitization as such a key component for unlocking efficiency and strengthening customer relationships.

Inside the January Playbook

  • 82%: Share of real estate CFOs who say digitized AR/AP functions will help them build more collaborative customer ties
  • 69%: Portion of CFOs who say the pandemic has made it more difficult to optimize costs
  • 95%: Share of real estate companies that use cash less often since the pandemic’s onset

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    The Strategic Role of the CFO Report