the other half is in prep mode by · 2020. 1. 16. · on large capital spending projects 11 %...
Post on 27-Aug-2020
1 Views
Preview:
TRANSCRIPT
PAYMENT NOT PROCESSED
Under Threat
50of payments professionals are
% not concerned about a potential economic recession
The other half is in prep mode by:
25%
Increasing Capital
Reserves
18%
Holding off on Large Capital
Spending Projects
11%
Accelerating Debt
Payoff
8%
Refinancing Debt to
Save Cash
Speed is Key
46%
say the largest innovation in 2020 for corporate treasury will be faster/real-time payments
But, Slow Adaptation a Challenge
32%
say adjusting to faster/electronic payments or processing of paymentsis a key industry challenge
Open Opportunities
23%
say their top area of investment in 2020 will be data, analytics
and reporting80%
All data sourced from TD Bank’s 2019 AFP Survey conducted at the AFP Conference in Boston.
top related