Project Management

Payables Trends: Optimizing Your Process In A Mixed Payments Environment

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Executive Summary

Nowadays, most companies - regardless of their size or volume of their payments - are paying the vast majority of their business-to-business bills by check. In a day and age where electronic payments have proven reliable and timely, should paper checks still be this prevalent? Or, should companies be using more electronic transactions? If you still rely heavily on checks, are you missing opportunities to optimize your payments process? Aiming to create a payments mix that will support your need to accomplish timely, accurate, well documented and trackable transactions is not something you can do with checks alone.

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