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Diversifying a Payment Strategy with Purchasing Cards and Electronic Payables

$24.00

SKU: crs-1590872 Category:

Description

Many organizations are still rooted in cumbersome procure-to-pay (P2P) processes that are a real drain on internal resources. Improving internal efficiencies to achieve process savings is a common goal. Yet, daily job demands often prevent finance professionals from acquiring the knowledge of business-to-business (B2B) payments that would help their organizations increase adoption of electronic payments like Commercial Cards.

Learn how and why to transition your organization away from paper checks, replacing them with two key Commercial Card products: Purchasing Cards (P-Cards) and electronic payables (ePayables), also called electronic accounts payable (EAP). This presentation addresses:

  • how both of these solutions work
  • the benefits to your organization
  • similarities and differences between P-Cards and ePayables
  • ideal targets for each
  • common program management pitfalls to avoid

Obtaining these key fundamentals is the first step toward gaining a seat at your organization’s decision-making table and driving change within accounts payable (AP).

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