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Available on Demand
Duration: 60 Minutes
Receivables processing is a critical back office function often riddled with costly inefficiencies. Almost 75% of companies routinely cope with incomplete or inaccurate data and have a large or growing number of exceptions and returns, according to a recent report from Aite Group. New technologies can improve these results significantly. Thats good news for companies, but its also good news for financial institutions. More than half of Aites respondents said theyd like to outsource receivables processing, which could make this line of business an engine for revenue growth.
Whether you want to improve your companys receivables processing, or your banks ability to offer these services to customers, this web seminar is time well spent.
You will learn about:
- The top receivables processing challenges companies face
- The percentage of companies that process receivables in-house and out-source
- The costly impact of exception items and returns
- Trends in electronic invoicing and bill presentment and payment
- Aggregation technology that brings together dollars and data from many different payments channels and provides automated feeds
Register today to learn how to increase straight-through processing, reduce day sales outstanding and understand how a true integrated receivables solution can help solve challenges, streamline receivables processing, gain new revenue and improve customer service.
Speaking panel:
- Nancy Atkinson, Senior Analyst, Aite Group, LLC
Nancy specializes in wholesale banking issues including global business-to-business (B2B) payments, financial supply chain issues, and bank support for companies accounts payables and receivables management. Previously, she worked for Mellon Financial for more than 20 years. She is a Certified Cash Manager (CCM) and has an MBA from Cornell University.
- Steve Buchberger, Senior Vice President of Strategy Development, WAUSAU Financial Systems
Steve is a recognized industry expert in Payments and Remote Deposit Capture. He has spoken at many industry events including NACHA Payments, BAI, TAWPI, and AFP. Steve has a BBA in Management Information Systems, and an MS in Finance. Steve Buchberger has been with WAUSAU Financial Systems for over 15 years.
Sponsored by:
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