I just learned that Paystream Advisors Managing Director (and Voices contributor) Henry Ijams, along with Marko Vukosavovic from PuriCore and Bill Vergentino, CEO of ExpenseWatch.com, will be hosting a webcast to discuss success strategies for establishing and enforcing company spending policies. Continue reading
I just returned from the North Carolina HFMA Summer Institute in Myrtle Beach, SC and wanted to share some of the highlights.
The event was well attended by over 250 local industry leaders. The Exhibit Hall was bustling with product demonstrations, networking, and give-aways. As a local chapter event, I saw many familiar faces. The Kingston Plantation provided a great setting for the event and the overall atmosphere was open and receptive.
The most common question we get from client organizations is “What technology makes the most sense for automating our operation?” But we think there is a better, more important question that is frequently left out. How should I justify the automation of our operation? Continue reading
Over the years, Web invoicing solutions have emerged to facilitate external exchange of transaction-related information and funds between buyers and suppliers. On the other hand, front-end imaging and workflow solutions have evolved to meet organizations’ internal needs around invoice receipt and management. Continue reading
Until recently, automation efforts in the accounts payable area were focused on invoice and payment management and the operational benefits that technology delivers – cost containment and productivity enhancement. Continue reading
It seems fitting that the first post to Paystream Voices is one that identifies the extraordinary importance of automation technologies. A new Paystream Advisors Report has identified an enormous amount of untapped capital stagnating in Fortune 1000 companies, that could be freed up with the implementation of Receivables and Collections Management (RCM) automation solutions. Continue reading
Dynamic Payables Discounting is a process which allows buyers and sellers of commercial goods and services to dynamically change the payment terms — such as net 30 — to accelerated payment based on a sliding discount scale. Dynamic Payables Discounting is “Dynamic” in one or more ways. Continue reading
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