54% of CFOs Consider Liquidity and Cash Management Their Top Challenge

During these uncertain times, the primary task for treasurers and CFOs is to make sure their companies have the liquidity necessary to meet daily obligations and the working capital to respond to changing business challenges and opportunities. It’s no wonder, then, that 54% of CFOs cite liquidity and cash management as a top challenge, according to the Corporate Cash Management Playbook, done by PYMNTS in collaboration with Red Hat, Infosys Finacle and Intel.

Processing Paper Invoices Costs Businesses Average of $171k Annually

Companies are reexamining their payment tools as they work to more swiftly and seamlessly send and receive payments. Buyers want to use less-expensive payment tools while suppliers want to receive their funds quickly. Ditching paper checks for B2B transactions conducted via virtual cards could benefit both parties. It’s a digital upgrade that would solve other problems too, saving B2B billers and payers time, aggravation and lots of money.

Report: Two-Thirds Of Digital Shoppers Will Bolt If They Feel Unsafe Online

In The Privacy Paradox: Securing Data To Build Customer Engagement, a collaboration with Very Good Security, PYMNTS examines the role of personally identifiable information (PII) protections in customer engagement and provides insights into steps that companies can take to address consumers’ concerns about data privacy.