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Covering the latest in card program and payment trends - including tips, tricks, innovation, news, industry insight and much more.

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Ben Bianchino

Recent Posts

6 Reasons to Consolidate Your Supplier Base

Posted by Ben Bianchino on Sep 24, 2018

Bigger isn’t better when it comes to a supplier base.  

That’s the conclusion businesses are coming to.

More businesses are rationalizing and consolidating their supplier base to gain a competitive advantage through reduced costs, more collaborative supplier relationships and less risk of supply chain disruption.  These are some of the reasons that top-performing procurement organizations have 18 percent lower operating costs and 28 percent fewer full-time equivalent than their peers, per The Hackett Group.  In some cases, businesses are settling on a single supplier for certain commodities.

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Topics: Supplier Payments, Virtual Cards, Virtual Payments

Accounts Payable: Make the Switch from Cost Center to Revenue Center

Posted by Ben Bianchino on Jan 02, 2018

For decades, Accounts Payable (AP) departments have been the true “back office” of organizations around the globe. AP workers wrote the checks and managed the spreadsheets that kept your company invoices in check. Without the staff’s hard work, your organization would have crumbled. 

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Topics: Supplier Payments, Virtual Cards, Accounts Payable

Five reasons to abandon paper checks immediately

Posted by Ben Bianchino on Dec 08, 2017

Virtual payments are on the rise. Between 2004 and 2016, as electronic payment technology matured, the percentage of B2B payments made by paper check decreased from more than eighty percent to just over fifty percent. Still, that’s more than half of all B2B invoices paid with paper checks, and there’s no excuse for it. Virtual payments offer so many benefits over checks that it’s time to ditch the paper and never look back.

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Topics: Supplier Payments

How to Bring Order to the AP Automation Playground

Posted by Ben Bianchino on Nov 20, 2017

Did you miss our recent webinar with the Institute of Finance and Management (IOFM)? Well, you’re in luck. You can still watch the recording of “How to Bring Order to the AP Automation Playground” and find out how to afford your own automation project in 2018.

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Topics: Supplier Payments