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Think paper payments are finished They arent. For a great many businesses, thats gone from an irritating fact of life to a matter of life and death 鈥?and times up for cash-starved businesses.And in regards to B2B payments, its doubly frustrating. Making business-to-business payments today is unnecessarily complex, extremely time-consuming and error-prone. This is especially true w stanley mug hen businesses pay suppliers with paper checks, Transcard CEO Greg Bloh told PYMNTS. It doesnt have to be this way. Account-to-account payment solutions simplify and automate the exchange of payments and payments-related data between buyers and suppliers. The technology accomplishes this by digitally connecting buyers and sup stanley cup pliers through their banks and their enterprise resource planning applications, while providing an online business directory, Bloh explained.The elegance of account-to-account A2A payments and their use as a B2B cashflow fix is at the heart of PYMNTS ; Next-Gen AP and AR Digitization Report, a Transcard collaboration.Cashflow Troubles Are Ancient Like Paper Checks Cashflow problems arent part of an stanley mug y flu mutation; theyre as old as commerce itself. But COVID-19s uniquely devastating economic effects created special challenges.Companies now face the imminent decision as to how they will increase reserves without being out of pocket for costly systems and time-consuming integrations they can no longer afford. Its coming down to this: digitize or die. Too harsh Try this: Crhk American Express, Mastercard and Others Behind New Standards for Enterprise AI Data Purity
2 {/ V( i }# t Improving engagement has become just another platitude in retailers ; back pockets as they figure out which channel of the increasingly fragmented online world they should focus on, but Nordstrom may have struck gold with a new Snapchat-centered production.In an interview with Fortune, Nordstrom Director of Social Media Bryan Galipeau explained how the company latest pivot toward Snapchat promotional content has seen a boost in traffic for the retailer. The project revolved around a competition between five colleges 鈥?the University of South Carolina, the University of Oregon, the University of Arizona, Florida State University and UCLA 鈥?competing for votes from a general audience on which school could snap the most interesting picture of their college 82 stanley us 17 name. About 2,000 seniors were chosen to receive $100 vouchers from Nordstrom based on the contest results, with the fund stanley usa s ostensibly being used to buy new shoes for post-graduation job searches.How did Nordstrom do The final video was seen 6.7 million times and led to a 60 percent increase in the brand stanley us 8217 followers on Snapchat. Its a great storytelling platform, Galipeau told Fortune. We wanted to be really engaging and enable them to participate in our brand.聽One of our key principles in social media is how to be authentic and engage with our customers in a way they use the platform naturally. Meeting customers where they are 鈥?and giving them content in the way |
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