Apply your Electronic Payments Before your First Coffee Break
Friday, May 4, 2018 | 2:00pm-3:00pm Eastern Time
As businesses shift to electronic payments, the process to record cash is negatively impacted. Electronic payments and remittance information are often received separately. Remittances are received in multiple formats, including e-mail, ACH, EDI, and spreadsheet attachments. And accounts receivable departments must manually re-associate payments to remittances, which leads to delays in cash application, errors, many hours of labor, and difficult conversations with the CFO.
But it doesn’t have to be this way.
On May 4th, IOFM expert Mark Brousseau and Dade Systems’ Tom Berdan will show how you can effortlessly process electronic payments — before your first coffee break in the morning!
What you will learn:
- The latest IOFM benchmarks on electronic payment adoption and the accounts receivables challenges that businesses face
- The operational and financial impact of poor cash application processes
- The pros and cons of different approaches to automating cash application
- How to standardize cash application workflows without changing the way you receive payments
- The role of robotic process automation in cash application
Special Projects Editor, IOFM
Mark Brousseau is a noted analyst, speaker, writer and marketer, with more than 21 years of experience in advising leading providers of financial operations solutions and services.
Brousseau is president of Brousseau & Associates, a full-service strategic marketing and business development consultancy with the largest client base of any firm of its kind. Brousseau & Associates counts among its clients many top solutions and services providers in the payables, receivables, payments, document management, and healthcare verticals.
A financial services and technology industry veteran with more than 30 years’ experience, Berdan was formerly Vice President of Market Development for Canadian-based D+H, a leading provider of technology solutions and a Top 20 Fin Tech provider. During his tenure, Berdan had responsibilities for the alliance management, consulting outreach, and key association relationship management for the D+H USA products. Prior to D+H, Berdan served as Vice President of Product Management at Harland Financial Solutions, where he was responsible for leading the company’s product strategy for core banking, branch automation, channel and payment solutions. Prior to Harland, Berdan was a veteran banker, including opening several community banks in Wisconsin and Florida. He served on the bank’s Board of Directors as Chief Operating Officer and as President of the bank’s wholly owned mortgage company.
Continuing Education Units available:
Receive 1 CEU toward renewing ARM, ARS, AOCM or AOCS certification from the Institute of Finance and Management! The Accounts Receivable Certification and Order-to-Cash Certification Programs are designed to establish standards for the profession and recognize Accounts Receivable and Order-to-Cash professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the Accounts Receivable and Order-to-Cash bodies of knowledge.
This webinar is provided free of charge and underwritten by a sponsor. Following the webinar, you may be contacted by the sponsor with information about their products and services.
Register for this live webinar by completing the fields below.
Having issues registering using the form below? Call 570-567-0425 or email email@example.com for assistance.
Thank you for registering for the live webinar: Apply your Electronic Payments Before your First Coffee Break. This webinar is Free, courtesy of Dade Systems.
You will receive a confirmation email shortly with login details.