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Creating a Digital Highway: The Road to Transforming B2B Payments


Date 01:00 PM - 01:50 PM (0 hours 50 minutes)
Sunday, April 16
Small to Large Business Perspectives

Building awareness of how an exchange framework alleviates the major pain point of manually retrieving invoice and remittance information from emails and portals is key to automating the order-to-pay/procure-to-pay processes through delivery of electronic invoices and remittance information. Speakers in this session will explore the construct of an exchange framework, learning how it will allow for participants in any industry to connect with others to exchange payments-related information without significant upgrades and how to recognize the benefits of straight-through-processing (STP).   


Guy Berg
Vice President, Payments, Standards & Outreach Group
Federal Reserve Bank of Minneapolis