Automate Manual Interventions on Virtual Card Payments for Faster, Seamless Transactions 2022 | Merchant Advisory Group | 7 June 2022 | Webinar
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Wed Jun 8 UTC (about 2 years ago)
In your timezone (EDT): Tue Jun 7 8:00pm - Tue Jun 7 8:00pm |
| Location | Webinar |
| Region | All |
Details
Imagine a world where B2B transactions, once fulfilled, a payment currently received in a cumbersome email process, is fully electronic and seamlessly processed without manual intervention. This can be a reality through a function known as straight-through processing. Straight-through processing creates a fully automated accounting process that results in immediate availability of funded payments and enhanced efficiency.
It also has the advantage of providing advanced data reporting for efficient accounting and reconciliation of accounts receivables. While the benefits of straight-through processing are pretty obvious, how do you get started and what type of technology is required? Attend this session to understand how straight-through processing works and how implementing this solution can result in faster availability of funds, reduced costs and effort and fewer errors and enhanced remittance efforts.
Learning Objectives:
1. Understand the value of straight-through processing for B2B payments
2. Learn the steps it takes to initiate straight through processing
3. Determine which buyer relationships are most ideal for this type of processing
Speakers
2022 Speaker
Bob Walker
Consultant, Special Projects, Elavon
Hannah Frels
Treasury Director - APi Group, Inc.