An umbrella term that refers to the entire lifecycle of money movement for a company.
83%
of financial decision makers plan to invest in payment operations in the next 12–18 months
96%
of respondents at the C-suite level plan to invest in payment operations in the next 12–18 months
98%
of financial decision makers said they would experience benefits if their company had automated, faster payment operations
88%
reported facing problems with their payments system
69%
of financial leaders agree that managing payments takes too long from start to finish
52%
said that payments take longer to post than their purported timelines
80%
decision makers said that up to half of their payment operations processes are still manual
89%
of respondents use a third-party processor (TPP) which can result in further delays
90%
of respondents said that improving payment operations was a priority for their company
81%
reported facing barriers to upgrading their company’s payment operations
Download our webinar and watch Modern Treasury leaders break down the most important findings from the report.