Why Financial Institutions Should Offer E-Invoicing Products
- Date:March 19, 2014
- Author(s):
- Amy Hoke
- Research Topic(s):
- Commercial & Enterprise
- PAID CONTENT
Overview
Financial institutions with e-payment products should offer e-invoicing.
Once an automated payment or invoice has been installed at a corporation, it is very hard for that firm to unwind it and select another service provider. As customers, corporates that use the same service provider for automated payments and electronic invoicing are twice as sticky. To the extent that solution providers can sell and implement both solutions, they can expect to keep the customers that buy those products for a very, very long time.
Learn More About This Report & Javelin
Related content
A Modern-Day Primer on Commercial and Enterprise Payments
Commercial and enterprise payments comprise some of the most essential elements of any large enterprise. They affect critical areas such as liquidity, cash forecasting, and creditw...
Commercial Cross Border: This is Getting Good
Commercial cross-border transactions are a big business, and they’re only getting bigger, projected to expand at nearly an 11% compound annual growth rate through 2030. Such transa...
Shredding Inefficiency: A Blueprint for Eliminating Paper Checks
The use of paper checks in commercial payments doggedly persists, accounting for 33% of such transactions globally, with an overwhelming number of corporations still accepting chec...
Make informed decisions in a digital financial world