The Strategic Billing Insights Blog

Your Supply Chain Doesn’t End Where You Think It Does

The physical supply chain is made up of thousands of moving parts, literally. Before it’s a laptop, your computer may have started as a screen from South Korea, a CPU from the United States, a processor from Japan, combined in China in a case from Taiwan, and shipped...

5 Non-Negotiables for Cash Application Automation

Any CFO will unabashedly admit that the cash application process is critical to an organization’s cash flow – after all “cash is the oxygen” of a business. Companies cannot realize cash until payments are properly matched and applied to the right accounts. Ironically,...

New Mail Delivery Standards Will Slow Payments

Below is an article from ACA (The Association of Credit and Collection Professionals).  The article highlights the impact lower standards in delivery times will have on the invoice-to-cash process for businesses.   The new standards by the USPS are a double...

Billtrust’s AP Connect and Ariba

More and more businesses are requiring customers to get invoices and make payments via an AP Portal. Pat Amaral is interviewed at Ariba LIVE 2014 to explain how Billtrust’s AP Connect works and how those in the Ariba network are benefiting. If you’d like to learn...

5 Ways to Protect Your Invoicing Process from Data Breaches

Data security is a top concern for businesses—and for good reason. In fact, 43% of companies had a data breach in the past year, up 10% since the previous year. Security breaches have a direct impact on profit. Target’s profit nearly fell 50% after their credit...

CFOs: Break Out of the ‘Bean Counter’ Mold

Many C-level executives often don’t consider the CFO to be adding a lot of value and often don’t include them when setting the strategic direction of the company. If you want to be more valuable in your role as a CFO… Read the full article on...

B2B Payments Starving for Information

Excerpt from PYMNTS.com: “Information is what is really key to B2B payments because is it very unlike the consumer world, where you may swipe a card and transact at POS and everything about your payment happens right there. In the B2B world, it’s a very different...

The Effect of DSO on Cash Flow

Cash flow is critical to business success – no doubt about it. In many cases, improving cash flow is as simple as enhancing billing, payment, and cash application processes, but actually implementing and tracking success of these changes can be struggle. One way to...

Sneak Peek: 2014 PYMNTS B2B Conference

On Wednesday, October 15th, PYMNTS.com will be hosting its B2B Conference at The Lighthouse at Pier Sixty in New York City. The theme driving the event is the innovation that’s changing and driving the future of how businesses pay each other.   Those in...

Is Auto Billing Really The Best Option?

No business wants a difficult process when it comes to managing invoices or in terms of paying its own bills. Automated payment modules can ensure that organizations never miss a payment and always remain on top of what other businesses owe them – and enabling that...

What Will Cash Application Look Like in 100 Years?

It’s pretty easy to say what cash application will look like in 100 years: it will be automated, almost error-free, and we won’t be dealing with checks. Also: the days of data-keying (and, hopefully, everything Zombie and those saggy, drop-crotch pants) are long over....

There’s Never a Bad Time to Overhaul Cash Application

In an article about application consolidation of ERPs (CIO Magazine, March 2010) author Thomas Wailgum compared consolidating an ERP with having to cut off your own arm to save your life. (You know, like in the book 127 Hours: Between a Rock and a hard Place, in which...

Become a Cash Application Champion

You know your A/R department needs overhauling—you’ve been saying it for years—and now you’ve been tasked as just the person to do it. Before you begin researching solutions, take mental note of the reasons you think you need to go in a new direction....

Your A/R Team Can Be Sales Enhancers

This past week I attended the Credit Research Foundation (CRF) EXPO. There was a lot of talk about the interaction between credit/collection and sales. During a break, one senior level manager told me that he doesn’t want his Accounts Receivable team to be...

eAdoption Series Part III: The Solutions are Out There

You have to admit, the process of converting paper to remittance data and then again, from the remit to electronic can be a tedious, prone-to-error endeavor that’s fraught with bad data and underutilized employees. My last two blogs posts were all about the...

eAdoption Series, Part II: The Pain of Electronics

Last week I talked a little bit about the perks of billing and paying electronically in the B2B world. Now that you know about the many reasons to go electronic and you’re champing the bit to just do it and convince your customers to do the same, you may run into a...

eAdoption Series, Part I: The Perks of Electronics

In the financial services industry, talk about how to go completely electronic and convince your customers to join you is on the minds of everyone. Of course, eAdoption is just that: a process of adoption. While not quite in its early stages, it often seems that it’s...