FTNI Blog

The old saying goes, “If it ain’t broke, don’t fix it.”

This saying may be true for more than just a few things in life—your refrigerator, your car, your coffee maker, etc.—but your company’s accounts receivables operations (and the technology that supports it) isn’t one of them.

Originally published on PYMNTS.com on 10/20/2015.

For a corporate treasurer to be able to view all of his or her company’s receivables in a single look sounds like, in the words of MPD CEO Karen Webster, “manna from heaven.”

FTNI (Financial Transmission Network, Inc.) is turning that dream into a reality with its Integrated Receivables solution, which focuses on eliminating siloed payments within corporate organizations.

Can it work? Yes, provided — as Kurt Matis, President and CEO of FTNI, discussed with Webster — that a corporation has an understanding of its primary pain points and the patience to address them one at a time.

There’s never been a better time to start taking advantage of the new technologies that are emerging within B2B receivables payments processing. Although check use is on the decline in total—in 2013, 50 percent of B2B remittances were made by check,a 75 percent decrease from 2004—checks and remittance documents continue to be a large part of many B2B receivables processes.

It was a busy but productive 2014 at FTNI. We know that many of you were equally busy and may have missed some of the content we produced throughout the year. So, we thought we’d take the opportunity to create a round-up of all the content created for your easy perusal.

We hope you found these blogs, infographic, eBooks and product Information informative and useful as you continued to learn more about integrated receivables and straight-through processing. We look forward to providing you with even more great content in the 2015!