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Prelude's Insights on Outbound Payments Blog
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How Businesses Can Be Effective and Efficient With Current Infrastructure for Issuing Payments
Recently, in the CFO Journal, a section of the Wall Street Journal, an interesting article regarding “Why Can’t We Get Rid of Checks” highlighted that U.S. businesses still pay half of their bills with paper checks.
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Many large businesses have decided to utilize a self-funded health insurance plan, administered through Administrative Services Only (ASO) from a health insurance carrier, to cover the medical expenses of their employees. ASO plans help businesses control cost, offer flexibility and retain employees.
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There are three primary schools of thought regarding all forms of disbursements in organizations from anyone responsible for any form of disbursement for any given company:
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