However, for those belonging to www.TheAPChannel.com or those interested in this ePayments webinar, you will be able to view this webinar FREE until December 6, 2010. After this date, The AP Channel (TAPC) will charge $199.00 to enroll. Interested persons can sign up for the webinar at http://www.theapchannel.com/accounts-payable/node/11378
"We encourage accounts payable professionals to sign up for the training webinar early to learn how they can save their companies money by modernizing the payment process," Bova said. "It is not unusual for an electronic payments solution to pay for itself in only months through savings, depending on payment volume."
Noting that as high as 81% of all companies still operate in a paper payment environment and that others have attempted to automate payments but failed to generate the expected returns, the webinar asks and answers the question: How to turn this situation around? It further explores the details and cost trade-offs between expensive and personnel-intensive manual payment processes, the roles of payers, payees and banks in an automated electronic payment environment, and the types of solutions that are currently available.
"In a very thorough analysis, the TAPN presentation not only drills deeply into the problem but also provides concrete explanations and guidance in solving it," said ACOM Senior Vice President James R. Scott. "Much of this information coincides directly with the message that we have been communicating consistently with respect to the use of our payment solutions, which enables users to automate vendor enrollment for the receipt of ACH payments and electronic remittance delivery."
"Where TAPN figures show paper-based invoice/check payment costs ranging from a low of $3.00 to a high of $63.00, ACOM customers using EZPayManager are able to generate electronic payments for 25 cents or less while also maintaining a largely untended, secure process. The contrast is dramatic and we encourage any company still using paper checks to seriously consider the alternative."
ACOM is the developer and marketer of the EZPayManager payment management solution for Microsoft Windows and IBM System i/iSeries environments. The solution integrates ACH and MICR laser payment processing as well as a suite of supplementary modules and is currently in use by some 3,000 companies. A single payment run accomplishes both the paper and electronic disbursements.
For information about ACOM’s payment management solutions, visit http://www.acom.com/payments
About ACOM Solutions, Inc.
For over 27 years, ACOM has been automating document and payment processes for more than 4,000 organizations, across all industries. Developing solutions that are best suited for accounting/financial departments of mid-size organizations, ACOM’s solutions integrate with any financial/ERP system to extend their capabilities to dramatically improve an organization’s efficiency by automating their previously manual, paper-based processes, and significantly decrease an organization’s costs. For more information, call 800-699-5758, email email@example.com, or visit http://www.acom.com. For more information about partner opportunities, call 800-603-6768 ext. 108, email firstname.lastname@example.org, or visit http://www.acom.com/channels
About The Accounts Payable Network
The Accounts Payable Network (TAPN) is the world’s largest AP-focused organization, with a network of nearly 50,000 AP process owners in the U.S. and around the world. TAPN’s deep, comprehensive resources for executives and managers who oversee accounts payable give members point-and-click access to an exclusive accounts payable knowledge-base to help manage costs, increase productivity, keep current with AP methods and technologies, maintain vital internal controls, avoid compliance-related penalties, assure current policies, and get answers to urgent questions. TAPN’s highly regarded training and certification programs provide AP education and credentialing for accounts payable managers and their staffs. Visit www.TAPN.com CONTACT INFORMATION
ACOM Solutions, Inc.