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CPI Global Summit 2020: Digitize & Prosper
October 6, 2020 @ 12:00 pm - 12:30 pm
The pandemic crisis is dispelling inertia. Learn how you can be part of the surging trend of payment automation.
For businesses that have digital payment solutions in place, the Covid-19 crisis has been less disruptive, where systems can quickly adapt and respond to remote operations, compared to solutions that require manual interventions.
In the era of virtual accounts and contactless payments, the handling of paper and cash in the world of business payments is surprisingly prevalent, where over 50 percent of AP systems in the US issue checks. Yet the crisis is dispelling inertia and providing an imperative for companies to rapidly adopt digital payment solutions in the form of virtual cards and accounts to equip staff to procure essential services and maintain supplier accounts.
This is an acceleration of a trend that has been in motion across the industry for some time. In this session, we discuss how businesses can adopt and project manage the implantation of digital solutions through the crisis to emerge stronger.