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B2B Electronic Payments for Accounts Receivable and Collections

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Focus Area: Accounts Receivable
Publication Date: 09/01/2013

Introduction

PayStream Advisors is developing a market discovery report for companies who are seeking information regarding electronic billing (eBilling) and ePayment solutions. This report is intended to help Accounts Receivable, Customer Care, Treasury and IT buyers make vendor and technology selection decisions as they evaluate new Billing and Payment automation strategies and solutions to communicate and collect from their business accounts. This report will highlight multiple online and electronic invoice and payment options including the growing use of ACH, credit cards and one-time and mobile payments.  The report will also profile leading providers in the electronic payments space.

The increase in ecommerce, payment tools, eInvoicing for payers and mobile technologies has increased the demand for businesses to accept electronic payments.  More companies are now exploring ePayment providers and are seeking more information regarding solution functionality.

 

 

• The market needs more collaborative invoice to payment solutions that connect companies to their customers.
• The lack of credible ERP based ePayment solutions has created a robust market for electronic solutions.
•  Demand for online payments is growing -- in fact check based B2B payments are down 2.5 percent since the last Federal Reserve Check Study 
• The U.S. market for third party B2B billing solutions (excluding ACH fees) is presently less than $500 million, but has the potential to be in excess of $2.0 billion annually.

 

Audience

VP-Finances, CFO’s, Controllers, Collections, Customer Care, Shared Services, AR managers, and IT directors at companies who understand basic concepts and opportunities around bill presentment automation and are interested in solving the paper-intensive document management process in their AR departments. This report is targeted to individuals who require preliminary provider and product information to identify appropriate solution providers.

Objective

The primary objective of this report is to provide an industry overview on building a business case for eBilling.  This report will examine why companies are using eBilling solutions, drivers for adoption, and expected ROI, in addition to providing an introduction to leading eBilling solution providers.

Report Sponsorship

Please contact at 704-405-5983 for sponsorship opportunities.