Wednesday, January 14, 2014 11:45 a.m.-1:30 p.m.
The Heritage Grill at Westmoor (10555 Westmoor Drive, Westminster, CO 80021)
1 hour presentation- 50 minutes lecture and 10 minutes Q & A
11:45-12:00 Registration and Networking
12:00-12:30p.m. Lunch Served
While electronification, changing demographics, and related payment behaviors have impacted collection activities in the C2B space, changes have been less pronounced for traditional B2B payments. This session will review recent and expected changes in the B2B paymentsystem and discuss the expected contribution of wholesale lockbox in the yearsahead.
Pace of electronification for B2B payments
Other macro changes - US Postal System, payment clearing, accelerating globalization
Impacts of emerging technology - remote capture, automated character recognition, ERPsystems
Corporate challenges for straight-through processing, exception research and resolution
Corporate compliance and risk management considerations
Continued industry investment and consolidation
Jay Matyas is a Senior Vice President and Team Product Management leader withinPNC's Treasury Management division. His responsibilities include product development and strategic planning for PNC'sB2B receivables and healthcare product sets.
Jay has more than 25 years of banking experience through various operations and product responsibilities. He is a past recipient of the PNC Bank Performance Award, the highest honor attainable by PNC employees. He is a graduate of the University of Pittsburgh.