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Mark Brousseau, Brousseau & Associates
3 Reasons Your CFO Wants You to Stop Paying Suppliers With Paper Checks Presented by: Mark Brousseau, Brousseau & Associates Ed Kelley, TransCard
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1 2 3 4 5 About Our Webinar Sponsor
Leading provider of NACHA compliant processing platforms 2 Best-in-class payment processing and settlement engine Established in 1998, Affirmative Technologies provides our customers leading-edge technology built and enhanced over 19 years; continuing on today with a best-in-class payment processing and risk management engines. 3 Development is 100% in-house 4 Focused on payment technology 5 Unparalleled service and commitment to our clients
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What Makes Affirmative Technologies Unique
Scalability – Reliability - Security Security Innovation Integration Affirmative continues to invest in security and infrastructure, staying current on all certifications and on top of the latest vulnerabilities. We position ourselves as your technology partner. We build and maintain enterprise grade, regulatory compliant systems so you can focus on your core business. We integrate with other software companies, bringing the latest electronic payment options to our end-users and broadening your client base.
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Affirmative Technologies Software
Scalability – Reliability - Security Reporting Risk Management Payment Capture Support Payment Processing NSF We offer a wide array of payment capabilities and reporting tools through our enterprise payment and processing engines.
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B2B Payments
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Top AP Priorities Source: IOFM
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How Businesses Pay Suppliers
Source: IOFM
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Even Large Businesses Rely on Checks
Source: Remittance Coalition
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Businesses Want to Pay Electronically
Level of interest in increasing the percentage of electronic payments to suppliers Source: Remittance Coalition
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Sr. Mgmt.’s Top AP Payments Pressures
Source: IOFM
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“ Overwhelming proportion of CFOs see future payment processes leading away from the paper trail.” “ Finance executives expect to see more of a shift toward electronic payments alternatives from paper checks.” Our intent is to move away from paper checks for security and efficiency reasons in the next months.” “ Seeking higher-value payment processes through new technologies is the next logical step.” “
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Holistic Payments Payments Automated Clearing House Virtual cards
Paper checks
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The “Last Mile” of AP Automation
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AP is Becoming More Strategic
Source: IOFM
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3 Benefits of Electronic Payments
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PAYNUVER: A NEW CLASS OF FUNDS DISBURSEMENT
TransCard’s Paynuver platform offers an innovative approach to funds disbursement that benefits both the Insurance provider and policyholder I’ve supported the Insurance industry for many years…. I’d like to introduce Chris Fuller / Chief Revenue Officer Confidential & Proprietary Information
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THE FUNCTIONALITY OF PAYNUVER
A simplified way to make payments, and an enhanced experience to receive payments Detailed flow of the Paynuver platform from Payer to Payee – load accounts – notification – customer registration and payment selection (multiple combinations) Future additions PopMoney/Fiserv - Benefits include lower cost delivery options, security and convenience – customized to your business rules – authority levels set at the payer’s portal Patent Pending Confidential & Proprietary Information
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PAYNUVER APP Confidential & Proprietary Information
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PAYNUVER APP Confidential & Proprietary Information
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PAYNUVER APP Confidential & Proprietary Information
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CONTACT US Home Office 35111 US Highway 19 North, Suite 200
Palm Harbor, Florida CONTACT US Sherry Knitter, AAP Director, Business Development ext. 225
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