Category: Financial Operations

5 Trends in ePayables Innovation

One of the biggest challenges faced by AP leaders is finding the balance between executing today’s operations and evaluating tomorrow’s technology. 

To help you clear those hurdles, here’s an overview of the 5 biggest trends in payment innovation as ranked by Ardent Partners in its State of ePayables report.

Business-to-business cross-border payments: Do new initiatives fix corporate problems?

Cross-border business-to-business (B2B) payments have always been troublesome for businesses involved in foreign trade. Core issues around timing, certainty, cost and visibility mean there should be a healthy market for alternatives to using your bank’s vanilla international payment service, but none have captured significant share of the market.

Recently a plethora of new initiatives and solutions have come to market, but how does a corporate choose? What factors are in play?

Same Day ACH: Drive Greater Acceptance by Engaging Customers

We’ve seen an interesting pattern developing among our advisory group members regarding Same Day ACH. Their initial tepid reaction to the product’s applicability within their company can turn much more favorable — but only when the discussion is kept alive. Successfully driving acceptance of same day ACH comes down to engaging customers.

Swipe Right or Left: Making the Right Business Choice with So Many Payment Options

Business payment innovations provide many more choices for businesses and a significant opportunity to drive down costs, generate additional revenue streams and strengthen vendor relationship by enhancing end-to-end payment processes. Why then is the corporate payments landscape still dominated by payment instruments that were introduced many years ago? Complexity. With many choices comes much confusion — but it’s time for that to come to an end.

Ring-fencing: How will it impact UK banks and their corporate customers?

Ring-fencing is a new regulation that requires the largest UK banks to separate their core retail banking services from their investment banking and international banking activities.

The changes this shift will require, impacting many customers whether they are businesses, consumers or indeed other banks, are numerous and complex to say the least.

Treasury’s Role in Security — Identifying Vulnerabilities and Addressing Weak Points

As organizations bear the daily burden of protecting their payments, one question looms large: what can be done?

Strategic Treasurer’s Craig Jeffery asked that and more when he spoke with security and business payments experts from Bottomline Technologies, a leader in business payment automation technology for more than 30 years.