Promoting Electronic Payments - Leslie Olsen

Slideshow Transcript

1. Slide 1:Increasing usage of electronic payments April 24, 2008
2. Slide 2: Agenda • Quick overview of payments • A strategic approach to payments • Adoption drivers • Best practices • Client case studies
3. Slide 3: Quick Overview of Payments • Historical View: ● Paper checks have traditionally ruled ● First automated payments solutions were ‘last resort’ only • Revolution in Payments: ● New payments platforms have enabled multi-tiered payments strategies ● Payments now recognized as a crucial part of corporate mix ● Key processes have been streamlined -- no more Rent Week! ● Integration is expected, driven by MITS data standard ● Benefits evenly spread between head office, properties and residents ● Add-on payment solutions just don’t cut it for smart organizations -- only