CFOs Leverage Virtual Cards for Faster Cash Conversion

High-performing Chief Financial Officers are prioritizing extracting greater value from existing capital rather than solely seeking cheaper funding. Companies effectively utilizing virtual card technology are achieving significantly faster cash conversion cycles, nearly 20 days ahead of their competitors. This strategic advantage, highlighted in PYMNTS Intelligence's "Growth Corporates Working Capital Index," underscores the critical role of modern payment solutions in optimizing corporate finance and improving overall financial agility. The focus is shifting towards operational efficiency and smart capital management.