About Dan Van Meer

This author has not yet filled in any details.
So far Dan Van Meer has created 27 blog entries.
15 11, 2018

The Changing Face of B2B Payments

2018-11-15T08:29:13+00:00November 15th, 2018|Blog|

“The greatest danger in times of turbulence is not the turbulence—it is to act with yesterday’s logic.” Peter Drucker Across industries, functional areas, and seniority, the general consensus in business today is that it’s a complicated, fascinating time to be a contributor. Norms are being challenged, rules are being rewritten, and the organizations that embrace change are finding themselves able to compete on levels that many would not have thought possible just a few short years ago. As humans, we have a natural inclination to shy away from change, and to fear the unknown - and this is why I’ve always found Drucker’s quote to be so powerful. Obstacles and uncertainty (in their purest form) are just manifestations of opportunity - and when I look at the state of the payments (especially within the context of B2B), I see a great deal of opportunity. While payment trends in the B2B Read More

24 10, 2018

CRF Fall Forum 2018 – Day 2 Recap

2018-10-24T10:47:57+00:00October 24th, 2018|Blog|

If you’re looking for the Day 1 Recap, you can find it here! Following on the heels of Day 1, Day 2 of the CRF Fall Forum was filled with sessions that contained practical, actionable insights on key issues in the credit and AR space, delivered by leaders in the field who are setting the bar high for their peers! For ease of consumption, I’ve organized today’s takeaways thematically. Takeaway #1 - On Robotic Process Automation (RPA) and Digital Transformation By an informal show of hands, it looked liked ~30% of attendees were leveraging some form of process automation in their workflows Driving meaningful impact out of digital transformation projects requires a top-down commitment to change management, test and learn cycles, and a willingness to break from the status quo Of the digital transformation projects that fail, nearly 50% can be traced back to the human element (unwillingness to change) Read More

22 10, 2018

CRF Fall Forum 2018 – Day 1 Recap

2018-10-22T19:09:35+00:00October 22nd, 2018|Blog|

I’d like to recognize the great work of Angela Lawson from the Federal Reserve Bank of Minneapolis, and Eric Biderman, Esq, of Arent Fox, whose session on Digital Currency drove my main takeaways from Day 1 of the CRF Fall Forum. It was a beautiful day in Salt Lake City, and the energy was apparent as members and partners gathered to kick off the Credit Research Foundation’s Fall Credit & Accounts Receivable forum. The half-day kickoff was marked by two keynote sessions - the first an overview of the Digital Currency landscape, and the second a panel featuring three bankruptcy judges discussing some of the approaches and reasoning behind US Bankruptcy Court decisions. While I won’t be able to do justice (pun intended) to the intricacies of bankruptcy law discussed in the panel, I’d like to share some of the interesting points that were discussed in the earlier session on Read More

17 07, 2018

Electronic Invoice Presentment and Payment (EIPP) vs. Automated Receivables

2018-07-18T09:25:39+00:00July 17th, 2018|Blog|

As accounts receivable automation continues to become entrenched as the new standard for managing receivables, many well-intentioned leaders continue to investigate alternative solutions that don’t address the totality of the problems their teams face on a daily basis. Today, I’d like to take a look at Electronic Invoice Presentment and Payment (EIPP) with a view to the important differences between it and our automated accounts receivable platform, ARC. At a surface level, the intent behind EIPP and ARC is very similar – provide customers with a great front-end experience for the AR process, increase the number of payment options available and, ultimately, drive more efficiency out of the AR process. Unfortunately, despite similar purposes, the business impacts are wildly divergent. EIPP – The Ugly Truth Let’s assume that your customer base follows a normalized distribution curve – 1/3rd will pay early, 1/3rd will pay on or around the deadline, and Read More

14 05, 2018

Strategies for Optimizing Your Accounts Receivable (Updated for 2018)

2018-05-14T09:46:24+00:00May 14th, 2018|Blog|

While customer-centricity, disruption and innovation continue to be keynote themes at conferences this year, teams across North America continue to power their day to day operations with the same tools and approaches they were using when the Y2K bug was dominating headlines. Today, I’d like to share some inspiration with you around the topic of optimizing your accounts receivable process, with a focus on the shift in mindset that leading companies are adopting as they prepare their teams to drive an exponentially greater impact on DSO and working capital through 2018 and beyond. Across industries, leading AR teams are prioritizing the delivery of great experiences, an emphasis on the importance of the customer relationships, and a shift towards working in real-time. Let’s unpack each of those in a bit more detail. 1. Deliver Great Experiences The reality is that the benchmark for great experiences is not being set by B2B Read More

5 04, 2018

How do I download multiple Invoices?

2018-04-18T12:32:01+00:00April 5th, 2018|ARC FAQ|

Step 1 In the Invoices tab locate and select the invoices using the checkbox to the left of the invoice numbers you would like to view in PDF. Step 2 Click on the PDF button to generate a single PDF document containing all selected invoices. Step 3 Once the PDF has been generated it can be downloaded by clicking on the “download” link in the green “Your PDF is ready to download” banner.

5 04, 2018

Does PayPort have an API?

2018-04-18T12:37:14+00:00April 5th, 2018|PayPort FAQ|

VersaPay can help you automate your processes further using our API for PayPort. You can integrate with our API to support and manage your transactions and pre-authorized debit agreements. More information on the functionality and configurations of our API can be found at developers.versapay.com

5 04, 2018

How do I upload a batch file?

2018-04-18T12:34:51+00:00April 5th, 2018|PayPort FAQ|

Step 1 First you will have to create the batch file – visit the “How do I create a batch file?” page to learn how. Step 2 To upload the file you’ve created, click on the “Transactions” tab and click the “Upload a batch file of transactions” option. This option can also be found within the “Quick Links” panel on the dashboard. Step 3 Select the file you previously created and saved by clicking the “Choose File” button and locating the file. Step 4 Once you have selected the file you would like to upload, choose the funding source that you would like to fund the transactions. The fund source selector will default to your primary funding source, so be certain to check that this is the correct fund source for the file you’re uploading. Step 5 Once you have selected the funding source and selected the file, click the Read More