Corcentric - Digital Payments Technology: Investing in Payments Systems for the Digital Economy - February 2023 - Explore how retail and manufacturing companies are. investing in digital payments technology to boost efficiency and capitalize upon the economy’s digital shift

Investing in Payments Systems for the Digital Economy

Retail, Manufacturing CFOs Report Efficiency Is Their New Payments Priority As companies shift focus from weathering the pandemic to withstanding economic uncertainty, many are boosting the efficiency of their payment systems. For “Digital Payments Technology: Investing in Payments Systems for the Digital Economy,” a collaboration with Corcentric, PYMNTS surveyed 250 CFOs to reveal why their strategies have shifted.

Inside the February Playbook

  • 48%: Portion of manufacturers that say improving the payments process is the most important reason to invest in digital AR technology
  • 20%: Share of retailers saying the most important reason to invest in working capital and credit systems is to cut costs
  • 38%: Portion of manufacturers that say the most important reason to invest in working capital systems is to cut costs

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