This article comes from The Accounts Payable Network, and features Henry Ijams, Managing Director of PayStream Advisors. It discusses Dynamic Discounting.
This article comes from The Accounts Payable Network, and features Henry Ijams, Managing Director of PayStream Advisors. It discusses Dynamic Discounting.
Buyers searching for a way to eliminate the hassle of inbound paper A/P invoices have a few options to choose from. EDI has existed for years. E-Invoicing networks grabbed the spotlight in the late 1990s. Finally a resurgence of OCR has taken place. The reality is all of these offerings continue to leave Buyers wanting. The main challenge – slow Vendor adoption. For those looking to compliment an existing solution that has only removed a portion of the inbound paper or for those looking at an electronic invoicing project for the first time, our upcoming Nov. 14th webcast should help you understand your options.
To register visit: http://www.gotomeeting.com/register/750845266
Did you know that each Starbucks store offers almost 70 different types of beverages? Order a Blended Crème Frappucino at a Starbucks and don’t be surprised if they ask if you want to make that a Double Chocolate Chip, a Tazo Green Tea, a Strawberries-and-Crème, or one of five other types of Blended Crème Frappucino. It’s all about choices, and where there is consumer demand, there are bound to be options.
“Build and they will buy,” was Henry Ford’s mantra in the early 1900′s when he introduced his first horseless carriage, the Model T. He built, and consumers eagerly lapped up the cars as soon as they came off the assembly line. But today, more than a century later, the days of Ford’s Model T are long gone.
The introduction of Mastercard’s Payment Gateway, coupled with JPMorgan/Xign’s AP Trac into the Accounts Payable and B2b world carries with it a striking promise, the promise of Buyer Initiated Payments (BIP).
Have you noticed that the U.S. is a nation of contradictions? This country came up with electricity, the silicon chip, the personal computer, Amazon.com, the iPod, Google, and reality TV (OK, so that’s a bad example). We have very active capital markets. We launch businesses and have active venture capital to fund them. We have entrepreneurs everywhere.
I recently spoke with Ed Katz, SVP Healthcare Solutions, about the acquisition of LASON by HOV Services and the positive impact it had on the HOV Services healthcare business.
Although I initially intended my first post to be a thought leading, insightful remark about electronic invoicing, the marketing guy in me couldn’t help but make a company announcement instead.