Half of Business Eying Reduction in Use of Checks, Survey Reveals

40 percent of financial, treasury execs plan to increase use of commercial payment cards, Visa research finds

















  • 62 percent (up 2 percentage points from 2003) believed they were relevant or very relevant for cash disbursements;

  • 53 percent (up 5 percentage points from 2003) believed they were relevant or very relevant for short-term money management and the collection and application of receivables; and,

  • 48 percent (up 5 percentage points from 2003) believed they were relevant to very relevant for cash positioning and forecasting.


  • Visibility into payables and receivables (75 percent, up 2 percentage points from 2003);

  • Online access to payment and invoice-related detail (77 percent, up seven percent from 2003); and,

  • Automated information reporting and back-end integration (70 percent, up two percent from 2003).



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