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Free Webinar: Growing Your P-card Program with BIP and e-Invoicing

Submitted by amotuz on Fri, 01/21/2011 - 11:03.

In accounts payable, finding places to cut costs can be extremely difficult considering the primary responsibility of AP is to pay bills. However, there are many ways AP can help their organization cut costs. Learn how two companies leveraged electronic invoicing and BIP to drive significant savings to their bottom lines.

Thursday, February 17, 2011 • 2:00 PM EST – 60 minutes
Sponsored by American Express and OB10
No-cost webinar
Growing Your P-card Program with BIP & e-Invoicing

Presented by:
Tracy Bryant, AP Manager, Mohawk Industries
Henry Ijams, Managing Director, PayStream Advisors
Daron Whisman, Director of Finance, Memorial Hermann

Sponsored by:   Sponsored by OB10

Space is limited: Register today for this no-cost webinar!

Many companies have implemented a conventional p-card program to reduce the volume of low-dollar invoices in accounts payable. Increasingly, companies are now turning to “Buyer Initiated Payment” (BIP) as a means to further increase p-card spend and the associated rebates from their financial institution. With BIP companies can pay for goods and services using a “Ghost Card Account” after the supplier invoice has been received and approved in their ERP system. For companies embracing BIP, e-Invoicing is the perfect complement. By receiving supplier invoices electronically, you can dramatically reduce invoice approval cycle times and, therefore, dramatically drive up your spend on the p-card!

Attend this no-cost webinar to help you:

  • Quickly understand what p-card BIP is and if it is right for your organization
  • Learn more about e-Invoicing and understand why companies are using it
  • Understand how e-Invoicing and BIP complement each other
  • Assess whether this technology is right for your company by hearing actual case studies
  • And much, much more!

Sign up now to attend Growing Your P-card Program with BIP and e-Invoicing

Who Should Attend this Webinar?

This webinar is intended for AP professionals who want to improve business processes, save money and increase the productivity of their employees, including:

  • Vice Presidents of Finance/Controllers
  • Directors of Accounting
  • Accounts Payable, Purchasing and Accounting Managers/Supervisors

Your expert presenters:

Henry Ijams' 25 years of experience focuses on trends and technologies in financial operations automation including strategies regarding the automation and benchmarking of Purchasing and Payables processes. Through PayStream Advisors, Mr. Ijams consults with domestic and international organizations that want to take advantage of leading practices and automation solutions. Mr. Ijams has an MBA from UNC Chapel Hill.

Tracy Bryant is Accounts Payable Manager of Mohawk Industries. She has manager responsibilities of the Imaging, Mail Services, and Record Retention departments. She was instrumental in converting her department from paper to electronic invoice transmission. She is formally the Chapter President of International Accounts Payable Professionals of Georgia.

Daron Whisman is the Director of Finance Memorial Hermann Supply Chain. Mr. Whisman has twelve plus years of experience in healthcare finance which includes financial oversight for divisional supply chains, acute care facilities, physician practices, home health, durable medical equipment and joint venture settings. Mr. Whisman enjoys the collaboration and interdependence of the Healthcare Industry. Mr. Whisman earned a MBA from Tulane University. He holds a CPSM from the Institute for Supply Management.
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About the Sponsors

American Express and OB10

Sponsored by American Express

Through its Global Commercial Card & Services group, American Express provides the Corporate Card, Corporate Meeting Card, Corporate Purchasing Solutions, and other expense management and meetings technology services to mid-sized companies and large corporations worldwide. In the US, it is the leading issuer of commercial cards, serving more than 60% of the Fortune 1,000, as well as tens of thousands of mid-sized companies. American Express issues local-currency commercial cards in 40 countries, and International Dollar Corporate Cards in an additional 100 countries. For more information, please go to www.americanexpress.com/corporate.

OB10 is the leading global B2B e-Invoicing network. OB10 simplifies and streamlines the complex invoice-to-pay processes. Neither client organizations nor their suppliers are required to implement any hardware or software, and OB10 is independent of data file formats. OB10 can reduce the cost of paper invoice processing by typically 60 percent and can deliver an ROI in less than a year if the program follows OB10's best practice guidelines. Operational across Europe, North America and Asia, OB10 is compliant with the requirements of VAT, tax and e-Invoicing legislation and receives invoices from suppliers in 137 countries. To ensure unrivalled and rapid supplier enrollment, each new customer's suppliers are supported by an implementation services team responsible for getting them up and running on the OB10 network.

Register now to take advantage of this online training presentation and learn if growing your p-card program with BIP and e-Invoicing is right for you!

Are you AP certified? This webinar presented by The Accounts Payable Channel qualifies for 1 CEU for the IOMA/TAPN Accounts Payable Certification Programs.