Description

Buyer Initiated Payments (BIP) can seem like magic, as buyers can simply drop their card payments directly in the supplier’s merchant account. Suppliers are able to reconcile their invoices. Put an end to the email madness of Supplier Initiated Payments, and eliminate the reconciliation of open card payments. See how BIP can double the size of your card program. $500,000 card payments can be a reality. Let us show you how.

At the end of this session, attendees will learn how to:

• see how card payments can be authorized within seconds of the BIP system receiving an account payable file
• leverage both a payable file or an online request to initiate card payments anytime, anywhere
• enable your suppliers to reconcile their invoices with an electronic file of card payments
• learn how buyers can influence the discount rate paid by their suppliers enabling $500,000 card payments

This complimentary virtual demonstration is open to all Commercial Card and payment (end-user) professionals interested in replacing large-dollar check payments with a fully automated card payment system and earn rebates as you go.

This 60-minute presentation is open to end-users only.

Paul Musselman, Commercial Card Technical Specialist and
Diane M. Kush, Senior Product Manager, MUFG Union Bank, N.A.

Diane Kush has been working in the financial services for over 25 years. Her expertise is in new start-ups including new business lines, distribution channels and partnerships for major financial institutions and fortune 500 companies including Harris Bank/BMO, Wells Fargo and GE Capital. In 2011, she joined MUFG Union Bank to lead the development and launch of the bank’s Commercial Card program. This was the second de novo launch of a Commercial Card program that she has led. Diane has a B.S. in Finance from DePaul University and a MBA from Northwestern Kellogg Graduate School of Business.