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


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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