What the infographic covers:

As companies start to realize the transformative benefits of modernizing their payments operations, it’s the largest ones who are leading the pack. According to survey conducted by PYMNTS and Corcentric, Business Payments Digitization: Large Companies Set the Pace, 74% of firms with $1.5 billion to $2 billion in annual revenues believe that digitization is important to improving balance sheets. For comparison, only 50% of the smallest firms ($400 million to $750 million) share this same view.

This infographic explains:

  • The share of CFOs, by annual revenue, who think digitization is mostly about business transformation
  • The share of CFOs, by annual revenue, whose companies adopted fraudulent payments detection systems because of digitization
  • The impact antifraud systems had on the various company sizes