Product Type: Market Research Report
Published by: TowerGroup
Published: June 2002
Product Code: R301-731Description For many companies, accounts receivable is the largest current asset on the balance sheet. Even so, accounts receivable functionality and
related systems are not a top priority for improvement. Current lockbox
systems work well with companies™ back-office systems, so there is
no pressing need for change. Even when companies consider buying
enterprise resource planning (ERP) systems, accounts receivable is not at
the top of everyone™s mind. (See TowerGroup Research Note 028:59W,
i.Moving Wholesale Lockbox to Electronic Payments: Evolution or
Revolution?l_) TowerGroup expects that business-to-business (B2B)
electronic bill presentment and payment (EBPP) and electronic invoice
presentment (EIP) systems will have to live alongside lockboxes for the
foreseeable future.
Table of Contents - Introduction
- Defining the Market: EBPP vs. EIP
- Sizing the Market
- The Treasurer™s Point of View
- Advantages of EBPP and EIP over Paper
- EIP and EBPP Providers
- Banks™ Evolving Role
- EIP vs. Lockbox
- Market Transition
- Security and Privacy
- Conclusion
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