Corcentric - Payments Technology's Future: Retailer's, Manufacturers Seek Better Workflows - January 2023 - Discover how manufacturing and retail companies are investing in payment and finance systems amid the world’s continuing digital transformation

Retailers, Manufacturers Seek Better Workflows

Retail CFOs Invest in Payments Tech to Streamline Operations

Retailers and manufacturers are making careful decisions about where to invest their technology dollars. “Payment Technology’s Future: Retailers, Manufacturers Seek Better Workflows,” a collaboration with Corcentric, explores which AP and AR functions are getting the bulk of their budgeted spend — and why.

Inside the January Report

  • 53%: Share of manufacturers investing in improvements to procurement functions
  • 23%: Portion of retailers planning to invest in improving procurement applications
  • 44%: Share of manufacturers planning to improve working capital and credit systems

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