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PayStream Advisors delivers unbiased, third-party market trend information, assessments of financial automation technology, and innovative ideas to business leaders in healthcare, consumer billing, finance and treasury, accounts receivable and accounts payable.

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B2B Collections

There have been sweeping changes in Credit Management over the past decade. Some departments have evolved from the Credit and Collections department to the Customer Financial Services department and then again to become the Customer Support Group. Credit executives have adjusted their strategies to handle the migration from legacy systems to the infamous Enterprise Resource Planning systems and the advent of cross functional teams. E-business initiatives guarantee that the frenzied pace of change will not abate. The current forecasts for the expansion of e-business clearly show that credit executives will need to move at warp speed to keep up.