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EAP and Payment Automation Take Flight with First-Class Supplier Enablement
November 10, 2020 @ 2:00 pm - 3:00 pm
Tuesday, November 10, 2020 2:00 pm EST 0 3:00 pm EST
Going into 2021, the transformation of A/P payment automation accelerates. But cash flow pressure on buyers and suppliers requires balance, flexibility and creative solutions for terms, payment methods and adoption. Payments professionals and suppliers are looking for the path of least resistance with the greatest win/win potential.
This session will help finance teams assess their options based on objective criteria and offer valuable “lessons learned” by end-users who have made the transition to Electronic Accounts Payable (EAP) faster and with the least possible disruption. The panelists will share a use case that illustrates how to craft a payment strategy and adopt tools that expedite touchless, remote payments and improve cash flow—without disrupting supplier relationships.
Attendees will leave with the knowledge to:
- Differentiate the pros, cons and options within every method of supplier payment—including check, ACH and Virtual Card solutions—and their potential for monetization.
- Evaluate the steps for making touchless payments possible for their organization with minimal disruption.
- Discover the secret to addressing supplier needs and constraints when implementing Virtual Card and wider scope of automated payment solutions.
Earn 1/4 CPCP Continuing Education Point
This session is open to End-Users Only at napcp.org
NAPCP Contact: Heidi Kaliher
(952) 546-1880, ext. 4
The NAPCP is a membership-based professional association committed to advancing Commercial Card and Payment professionals and industry practices worldwide. Serving a community of almost 20,000, the NAPCP is a respected voice in the industry and an impartial resource for members at all experience levels in the public and private sectors. The NAPCP provides unmatched opportunities for continuing education and peer networking through its conferences, regional forums, webinars, website, virtual demonstrations, newsletters, and regular communication.