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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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Mark Brousseau

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Recent Posts

7 Strategies for Making Your Migration to Virtual Cards a Breeze

Posted by Mark Brousseau on Apr 11, 2018

Ready to give up the high costs and hassles of paper checks and start paying suppliers via card?

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Topics: Supplier Payments, Virtual Cards, Virtual Payments

The 6-Step Strategy to a Successful Virtual Card Implementation

Posted by Mark Brousseau on Mar 20, 2018

Virtual cards are on the agenda for more finance professionals. And for good reason. 

Paying suppliers with a virtual card enables buyers to reduce costs, mitigate risks and generate lucrative monthly rebates or rewards on payments made by card.  Suppliers benefit from secure payments, self-service reporting, and streamlined reconciliation of payments and open invoices. 

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Topics: Supplier Payments, Virtual Cards, Commercial Payments

Eeny, Meeny, Miny … NO!

Posted by Mark Brousseau on Mar 09, 2018

Paying more suppliers electronically is likely near the top of your department’s to-do list for 2018. 

Institute of Finance and Management (IOFM) reports electronic payments – not invoice processing automation – is the top automation priority of accounts payable professionals.

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Topics: Supplier Payments, Virtual Cards, Commercial Payments

Uncovering the Hidden Costs of Paying Suppliers with Paper Checks

Posted by Mark Brousseau on Feb 07, 2018

Paying suppliers with paper checks is a costly proposition. 

The median cost of sending a paper check is $3.00, compared to a median cost of $0.29 to send an Automated Clearing House (ACH) payment, per the Association for Financial Professionals (AFP).

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Topics: Supplier Payments, Commercial Payments, Virtual Payments

Thought Leader Mark Brousseau on Resolving to Succeed in 2018

Posted by Mark Brousseau on Jan 23, 2018

No business goes into a new year with the intention of falling behind the competition.  But that’s what will happen to businesses in 2018 that don’t have a plan for migrating to electronic payments. 

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Topics: Supplier Payments, Virtual Payments