As an expert in payments, you’ve likely investigated dozens of ways to help lower the cost of consumer payment acceptance, exploring everything from debit routing to fraud tools and account updater solutions. On the surface, there’s not much more juice to squeeze out of omnichannel payments. But did you know there is a hidden channel that expands the size of the payments pie and gives you a real opportunity to save time, money, and resources? It’s in the back office where potentially thousands of virtual card payments are received from B2B customers, marketplaces, and platforms. Attend this session and you’ll quickly grasp how you can apply your extensive knowledge of payments to advocate for your Accounts Receivables team and help them understand solutions that reduce processing costs, get you faster access to funds, streamline remittance efforts, and free up resources.
- Understand back-office receivables and the challenges of getting paid with virtual cards
- Learn how automating virtual card acceptance reduces the total cost of acceptance
- Learn how to assess whether your organization would benefit from virtual card optimization