Unlocking Touchless Transactions
Suppliers demand payment in all different manner and method – Paper Invoice, e-Invoice, P-card. And each method often has its own form of payment – check, ghost card, direct deposit. Your ability to strategically manage cash through payables is impossible because of lack of real-time visibility and direct control. Your leverage is highest before the payment is made. Real opportunity exists to strategically manage cash with payables, but to do it you need the right tactics and tools. This seminar will cover a series of best practices to exploit this opportunity lower transaction cost and more importantly lower total spend.
During this one hour event, our experts will cover:
- How to manage transaction types, such as AP Paper, AP Electonic, P-Card and ERS through automated posting with advanced rules
- A case study discussing how a major food company lowered supplier inquiry calls cost
- Enabling strategic financial payables management, such as dynamic discounting and aggregate supplier transactions through real-time visibility
About the Hosts
Host : Peter Stevens
Peter brings a wealth of experience in growing business through a delicate balance of strategy, marketing, innovation, and hard charging execution. In his 20-year career, he has successfully launched and grown numerous software products, brands and businesses. His passion is unlocking new levels of effectiveness through software. With an MBA in Statistics and Marketing from the University of Chicago, Stevens brings a keen marketing mind and a quantitative backed approach to drive results. Most recently he has held executive positions at Travelocity, Sabre and Alibre and is a member of IAPP.
AP Expert: Michael Hasik
Michael Hasik brings more than 15 years of hands-on expertise in accounts payable and financial controls, with a focus on back office or shared services. Early in his careers Michael managed large scale technology transformations giving him a hard won customer perspective. At Imagitek, he consults with leading clients like Detroit Edison, MGM Studios and Brown-Forman learning first hand what practices works. Michael holds an undergraduate degree in Economics and History from Duke University, and an MBA from Washington University in St Louis. Michael is a Certified Management Accountant (CMA) and a Six Sigma Black Belt.