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Smaller companies tend to see their digitization efforts as an avenue to eliminate manual processes and cut costs, according to Business Payme stanley germany nts Digitization, a PYMNTS and Corcentric collaboration based on a survey of chief financial officers CFOs from firms that generate between $400 million and $2 billion in annual revenue.聽Get the report: Business Payments Digitization聽Among the CFOs from the smallest firms included in the report 鈥?those with revenue of $400 million to $750 million 鈥?71% say digitization is mostly about automation, while just 29% say it is about transformation.聽By contrast, most of the CFOs from firms in three categories of large companies say digitization is mostly about transformation 鈥?meaning they see digitization as an opportunity to transform their payments operations and wholly reconsider how payment methods connect them to customers and suppliers.聽Thats the answer given by 58% of those at small firms $750 million to $1 billion , 71% of those at mid-size stanley cup canada d firms $1 billion to $1.5 billion and 89% of those at the largest firms $1.5 billion to $2 billion .聽Realizing the Benefits of Digitization聽Though both groups 鈥?those who prioritize automation and those who aim for the transformation of their payments processing 鈥?have realized some digitization benefits, the differences in their reasons for digitizing help illustrate their varied strategies and leve stanley cup l of success.聽The largest companies tend to see digitization as an opportunity to transform Xnos Court Filings Show Facebook s Data Policy Was About Competition, Not Privacy

Digital currency company Circle Internet Financial says it has raised $17 million in funding from new investor Oak Investment Partners along with Breyer Capital, Accel Partners and General Catalyst Partners and others. We are thrilled to have such a strong showing of support and vote of confidence from world-class investors and strategic individuals as we move into the commercial phase of Circle, reported Circle founder, chairman and chief executive officer Jeremy Allaire in a statement.The company also announced the debut of its ini stanley france tial consumer product also called Circle in a limited re stanley termos lease.To learn more abou stanley mug t Circle Internet Financial and its investment history, click here. Whats Hot is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.

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