MasterCard and Basware partnered on research looking at how the tension between cash management and efficient payment processes can influence business performance.
The research found that organisations are taking an assertive position on cashflow in order to stabilise working capital. However, businesses also recognise that these measures can put the payment ecosystem at a disadvantage. Companies are missing an opportunity by not always unlocking the value that ‘hoarded’ cash represents, to the detriment of their own business models.
The research shows that buyers, suppliers and intermediaries would benefit from energising the payment processes that are so often compromised by bad habits and complexity, resulting in unnecessary inefficiency.
Read the report to see how a balanced payment network benefits all.