Examining how to turn AP departments into revenue centers and sources of strategic advantage.

Reduce Checks: Increase Electronic Supplier Disbursements

Reducing the check payments to your organization's suppliers doesn't need to be an overwhelming project. You can easily cut check payments by 30%-40%, at no cost, by partnering with good payment services provider. Such a provider will contact your suppliers and offer them a variety of electronic payment options to meet each supplier's individual needs.

This will enable your Accounts Payable to:

  • Reduce checks
  • Increase process efficiency
  • Improve supplier relations
  • Generate rebates from electronic disbursements