Friction-free Payments + Costs To Canadian Businesses | Lauren Fleming & Jan Pilbauer The PayPod podcast

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The PayPod «
Friction-free payments + costs to Canadian businesses | Lauren Fleming & Jan Pilbauer

6+ y ago 24:26

MP3•Главная эпизода

Welcome to The PayPod podcast, a multi-episode series of everything to do with Canada’s ambitious payments modernization mission. In this inaugural episode, Justin Ferrabee and Jan Pilbauer of Payments Canada are joined by Lauren Fleming, a financial services advisor from Ernst & Young who recently completed a study for Payments Canada that, among other insights, quantified that the manual matching of payments to invoices cost businesses billions of dollars a year. Lauren explains how, according to the study, a good portion of between $3 and $6 billion dollars annually, currently invested in reconciling account receivables and payables, could be eliminated, ushering in a new wave of service and product innovation among fintech and paytech companies.

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#Tech #The PayPod by Payments Canada #Payments In Canada