Complexity in payables continues to escalate as new payment rails and formats roll out rapidly. The demands of increased efficiency, control, cashflow and flexibility put a stress on processes and require a refresh of your payables strategy.
Your vendors and payable counterparties have different needs and level of criticality to your organization.
Wishing that a one-size fits all was true is best replaced by developing a strategy that takes a more comprehensive view of your objectives.
This will usually include stratifying your vendor/payer base and finding where Card is an optimal method.
This session is most appropriate for: Procurement, Accounts Payable, Treasury and leaders of Shared Service Centers/Centers of Excellence and those managing working capital.