SMBs Want Fewer Financial Tools - Datos Research Study
More than 80% of small businesses are willing to pay more for solutions that save time and reduce complexity.
Small businesses are managing an increasingly fragmented financial ecosystem, creating complexity, inefficiency and added cost. This Datos Insights study prepared for Fiserv reveals that SMBs are actively seeking integrated solutions, and are willing to pay for outcomes that save time, improve cash flow visibility, accelerate payments and simplify operations.
Among the study’s findings:
- SMBs want fewer financial tools
- 50% of SMBs spend at least $500 per month on financial management tools
- 68% say consolidation is a top priority
Explore the data behind this demand for simpler, more connected financial management.