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Canadian Enterprises: New Ways to Improve Collections and Payments
Killen & Associates, Inc.
Canada is aggressive in its approach to Ebpp. However, it is behind the US in its Eipp implementations. This study tells you why. It provides a thorough demographic analysis of the growing Canadian eCommerce market tracks and analyzes the top companies and their electronic presentment and payment strategies provides an in-depth analysis of Canadian payments systems discusses the top eCommerce IT suppliers and offers forecasts of Ebpp and Eipp growth. The top 400 Canadian enterprises can save $23 billion annually by applying emerging electronic “Customer-to-Cash” strategies. A customer-to-cash strategy has two objectives: 1) to improve every process where a supplier interacts with its customers in an endeavor to reduce the number of day sales outstanding and the costs of obtaining payment on invoices and 2) to reduce the costs and hassle customers experience as they try to resolves disputes to release payment. Enterprises need to align strategy and organizational structure with processes, metrics, and technology to make their customer-to-cash strategy pay off through eBusiness initiatives. The essential eBusiness initiatives that can impact an enterprise’s profitability in this decade are Ebpp and Eipp cash management solutions. The Study Provides: - A thorough demographic analysis of the growing Canadian eCommerce market - Tracks and analyzes the top companies and their electronic presentment and payment strategies - Provides an in-depth analysis of Canadian payments systems - Discusses the top eCommerce IT suppliers such as BCE Emergis, EDS Canada, and Kubra - Offers forecasts of Ebpp and Eipp growth This study is a companion study to the just released “How Banks are Meeting the Electronic Billing/Invoicing Cash Management Services Needs of the Canadian 400.” Combined, the two studies provide a comprehensive understanding of the Canadian market for Ebpp and Eipp cash management services.
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