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.