LexisNexis® Risk Solutions Corporate Digital Payments Study
Raise end-to-end payments efficiency and realize enterprise advantages
Payments executives are facing increasing pressure to move beyond execution to contribute greater value at the enterprise level via payments operations that improve overall business outcomes. Digital acceleration and a global shift to standardize international payments are driving rapid adoption of digital payments. Corporate non-cash payments represent around 133 billion transactions in 2021. Across the global economy 54% of both accounts payables and accounts receivables are handled using account-to-account (A2A) payments. The LexisNexis® Risk Solutions Corporate Digital Payments Study delivers a snapshot into global corporate payments trends. Explore the study to find out how automated payments solutions are increasing end-to-end payments efficiency and delivering enterprise advantages.
The study highlights global research from LexisNexis® Risk Solutions and Capgemini Invent detailing the evolution of corporate payments in today’s digital economy. The research delivers industry-driven insights from payments executives around the world focusing on the top three advantages of A2A payments, common roadblocks contributing to failed payments and leading strategic payments priorities.
The study showcases how businesses are using more advanced middleware and automatic data verification tools to achieve payments priorities and perform more efficiently by:
- Strengthening security
- Streamlining end-to-end A2A workflows
- Increasing straight-through processing rates
- Lowering failure rates
- Reducing costs
- Minimizing alerts and the need for manual intervention
Find out key considerations on leveraging automation to increase payments transparency, optimize cost efficiencies and contribute measurable business performance impact at the enterprise level. Explore the complete study by completing the short form.