B2B Payments Innovation Readiness

The B2B Payments Innovation Readiness Playbook: Adapting To Cash Flow Challenges Posed By The Pandemic, a PYMNTS and American Express collaboration, analyzes the survey responses of 2,203 small to large businesses to understand how manual processes impact accounts receivable for businesses across a variety of sectors, including the advertising, technology, construction, energy and healthcare industries. The report further explores how automation can help firms improve their collection cycles and reduce their average days sales outstanding.
Inside the December Playbook
  • 48%: Share of firms that cite process speed as an AR-related problem area
  • 68%: Portion of firms that are planning to leverage technologies to upgrade their AR systems for faster processing
  • 49%: Share of small businesses that say the pandemic has greatly affected their collections operations

American Express B2B Payments Innovation Readiness Playbook Series