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Report Hightlights

35%

of participants feel the bill delivery method impacts how quickly they pay.

54%

of participants feel the bill delivery method impacts how quickly they pay.

14%

of participants feel the bill delivery method impacts how quickly they pay.

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The B2B payments ecosystem is rapidly evolving

Why you should consider Commercial Card Optimization

Corporations are replacing paper-based processes with digital payment acceptance environments. White digital processes are more efficient, Finance departments are feeling the pressure of creating an effective payment acceptance experience while managing costs. Our new survey of 300 U.S.-based finance professionals uncovers problems with B2B payments as transformation continues and preferences evolve.

Key highlights from our research include:

  • Organizations with annual revenue above $500 million were much more likely to say they saw a ‘significant’ increase in commercial card payments in the past three years.
  • 30% of the organizations that accept commercial credit cards now accept virtual cards for B2B payments, and 55% have seen increased payments made with them in the past three years.
  • 73% say that keeping payment acceptance costs low is highly important as they try to control their expenses, yet just 7% of finance executives are highly satisfied with their strategies to mitigate commercial card acceptance cost.

Fill out the form to get access to the full report.

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Download the full report for insights on how finance leaders are thinking about and managing B2B payments.

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Section Headline

Highlighting payment trends affecting government agencies and municipalities, our inaugural report presents data on the shifting payments landscape representing an opportunity for government agencies and municipalities to enhance the speed, security and customer satisfaction related to billing and payments.

The report highlights consumer preference for digital payment options and, due to COVID-19, this demand will continue to grow.

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Section Headline

Highlighting payment trends affecting government agencies and municipalities, our inaugural report presents data on the shifting payments landscape representing an opportunity for government agencies and municipalities to enhance the speed, security and customer satisfaction related to billing and payments.

The report highlights consumer preference for digital payment options and, due to COVID-19, this demand will continue to grow.

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Section Headline

Highlighting payment trends affecting government agencies and municipalities, our inaugural report presents data on the shifting payments landscape representing an opportunity for government agencies and municipalities to enhance the speed, security and customer satisfaction related to billing and payments.

The report highlights consumer preference for digital payment options and, due to COVID-19, this demand will continue to grow.

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About Elavon

Elavon is a leader in payment processing. We have provided payment processing services to Costco Members for over 20 years. Our transparent Costco Member pricing and hands-on customer service help ensure that you can focus on your customers—instead of your processing.

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