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In recent years, the shift towards electronic payments and more payment automation has not only continued, but accelerated. The results of this year's survey confirm this trend, among many others in the finance industry, such as:
Significant plans to spend and adopt new technology across all segments.
Increased demand for an embedded payment experience within ERPs.
Growing fraud losses, especially with larger firms.
B2C payments offerings are on the rise from banks.
These are just a few of the insightful findings detailed in this year's report. Read the full report to discover all 12 key findings, plus additional detail, context and data segmentation so that you can benchmark yourself against your peers.
Don't skip this year's findings. These trends and data points can help inform your business decisions through 2022 and beyond!
For the 5th consecutive year, Bottomline and Strategic Treasurer have partnered to survey over 300 Treasury and Finance professionals from Banks and Corporates about all things B2B Payments. This survey focused on 3 key areas:
The impact that the past year has had on digital payments.
Challenges that are front and center for AP, AR, and Treasury practitioners.
The state of security and fraud in B2B Payments.
3 areas show heavy use and significant technology investments over the next 12 months: fraud detection and prevention, APIs, and cash flow forecasting.
This episode of the Treasury Update Podcast features insights from the 2021 B2B Payment Survey Results. Listen in as Bottomline's Gunita Bindra and Strategic Treasurer's Craig Jeffery discuss what corporations and banks are doing to optimize processes and maximize efficiency.
Bottomline and Strategic Treasurer dive into the results of the 5th annual B2B Payments Survey in this 1-hour on-demand webinar. Get insights from over 300 Treasury and Finance practitioners on their current strategies, challenges, and plans for 2021 and beyond.
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