Managing Cash in a Dynamic Market

Trends Driving Payments Today

Interest rates have remained near zero for the last five years, causing organizations to look to new and different opportunities. In response to these market trends, a new approach to early payment discounting – known as dynamic discounting has arisen. This challenge is paired with the opportunities that have arisen from the explosive growth of digital business networks, causing the pace of commerce to accelerate significantly. Companies no longer need to depend on slow, paper-based mailing to conduct their transaction, particularly related to Accounts Payable activities. Invoices can now be received, processed, and approved through online channels, allowing AP managers to gain complete visibility – and efficient control over their payment processes.

Powered by IBM’s FileNet and Datacap technologies, our user-friendly applications help assure AP managers have complete visibility and efficient control over their payment processes.