Event list
B2B Payment in the Networked Age (Ariba, Ardent Partners)
Thursday, January 29, 2015, 02:00pm - 03:00pm
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While innovation abounds in the consumer world, B2B payments remain stuck firmly in 20th century (and earlier) technology and practices. With over 50% of US payments being made by check, and electronic payment methods either too expensive or containing too little information, businesses struggle with the consequences of a payment system that is opaque, complex, risky and disconnected from their core payables and P2P processes. In the Networked Economy of the 21st century, this should not be so and B2B payments are ripe for needed change.
Attend this webinar to learn:
- Why, in lieu of European style mandates, over 50% of US B2B payments are still made by paper check.
- How 1928 technological standards still dominate electronic payments today.
- Why information about the payment is more critical and difficult than the actual movement of funds.
- How business networks are changing the face of B2B payments by integrating them intimately to the P2P process.
- How your business can benefit from a new way of doing B2B payment that is certain, secure and simple.