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New Payment World: A Manager's Guide to Creating an Efficient Payment Process
By: Mary S. SchaeffereBook Publisher: John Wiley & Sons
Imprint: John Wiley & Sons, Inc.
Format: Adobe Encrypted (DRM)
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As increasingly more vendors are requiring their customers to pay electronically, corporations will be seeking guidance on the alternatives that are available to them. Written by industry expert Mary Schaeffer, New Payment World provides guidance on creating an electronic payments process for the modern corporation.
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| Title of Business & Economics eBook: New Payment World: A Manager's Guide to Creating an Efficient Payment Process | |
| Release Date: 09-17-2007 | |
| Publisher: John Wiley & Sons, Inc. |
This eBook download is available in the following formats:
| Parent title | New Payment World: A Manager's Guide... |
|---|---|
| Encrypted (DRM) | Yes |
| SKU | 9780470174005 |
| File size | 1140 |
| Security | n/a |
| Printing | Not allowed |
| Copying | Not allowed |
| Read aloud | No Sys requirements Download reader |
| Devices | Samsung Tablet, Apple Ipad & Iphone, Barnes & Noble Nook, Kobo eReader, Aluratek Libre, Iliad, Nokia, Blackberry, Hanlin |
| Note | Excellent navigation features are available via Adobe such as bookmarks and a quick access table of contents. Text search is easily accessible. An Adobe DRM-protected file is different than a pdf file in that it uses Adobe DRM (Digital Rights Management) technology, which authors and publishers use to protect their content from illegal online distribution and to set certain privileges such as restrictions on copying and printing. |
New Payment World: A Manager's Guide to Creating an Efficient Payment Process
Chapter One
Payment Arena Yesterday, Today, and Tomorrow
INTRODUCTION
The payment process in the business world, for both corporates and not-for-profits, is undergoing a quiet evolution. Techniques that were used by only a few organizations considered to be on the bleeding edge just a few short years ago are becoming commonplace. Interestingly, these techniques have not been limited to a few big companies with money to spend on the newest technologies. There has been widespread adoption, across industry and size lines. What's more, looking forward, organizations of all sorts expect to emulate the success of the payment pioneers who blazed the trail.
Part of the reason for the widespread adoption of new technologies is the low cost. In fact, in many instances, adoption of these technologies will result in lower costs, something that no organization can afford to ignore. Additionally, unlike some of the precursors (think electronic data interchange [EDI]), the new payment methodologies are easy to understand and often have their roots in the consumer world. Thus, when executives are first presented with proposals to take the new route, they understand what is being put before them. Combine the ease of understanding with the cost savings and often improved internal controls, and it is easy to understand why this payment revolution is taking place.
PAYMENT WORLD YESTERDAY
It wasn't too long ago that companies paid all their bills with checks and perhaps a few wire transfers for large-dollar items or funds going overseas. Checks were routinely s
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