Payment Processing As A Strategic Advantage

Sponsored By ImageScan Inc.

Topics:

Accounting > Working Capital

Banking & Capital Markets > Mergers & Acquisitions

Technology > IT Management

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Abstract:

Payment processing technology is no longer exclusively a functional concern of operations managers. It has now become highly relevant to the various strategic concerns of C-level executives, senior product managers, and other corporate decision-makers. Banks, financial services companies, government agencies, and corporations have to process high volumes of payments that arrive in a variety of forms including paper checks and electronic remittances. They have to accurately associate these payments with specific invoices, accounts, shipments, and/or promotions. They have to do this as quickly as possible to optimize cash flow. And they have to do it as cost-effectively as possible to optimize operating margins.

"Payment Processing as a Strategic Advantage" lays out the current problems associated with todays legacy systems, combined with steps and tools capable of improving overall performance.

DETAILS

Sponsored by: ImageScan Inc.

Released: September 16, 2009

Length: 12 pages

Format: PDF (145 kb)

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