NextGen Treasury: Your Digital Roadmap

Content Sponsored by BMO

Digitizing payments has become more important than ever as organizations look to increase working capital, create efficiencies, potentially reduce costs and minimize risk. Furthermore, the COVID-19 pandemic has pushed many businesses to adopt automation as a way to address these concerns across the broad community of suppliers, customers, and partners.

According to a 2020 survey by the Association of Financial Professionals (AFP), nearly 60% of respondents said their organization was very likely or somewhat likely to convert the majority of their B2B payments to suppliers from checks to electronic payments. Only 5% indicated they have no plans to convert.

Journey to Digital Payments Infrastructure

But what does that journey to implementing a digital payments infrastructure for corporates look like? Susan Witteveen, who heads the Treasury & Payment Solutions group at BMO Canadian Commercial Bank, recently moderated a discussion with three experts to discuss best practices:

  • Robert Lowther, Senior Vice President of Finance at MNP
  • Megan Kells, Head of North American Treasury and Payment Solutions, Product at BMO
  • Matthew Bleecker, Director of Payments Optimization Strategy at BMO

 

View On-Demand Recording of Panel Discussion

This panel discussion took place on February 8, 2021, and is being shared with the permission of BMO.

CLICK HERE to view the on-demand recording or read an edited summary of the conversation.