M-payment, procure-to-pay (P2P), and other emerging payment techniques "The Payoff" covers each week are often regarded in terms of cost saving, logistic compliance, and automation. Those are crucial benefits, of course, and the easiest to quantify. What's truly exciting about these opportunities, though, is the way they'll qualitatively change your customers' experience in your stores.
Every day brings news of innovation in money and payments. Consider what turned up just since we reported on MasterCard's ambitions last week:
Spring is now winding down, and I have been admittedly a bit neglectful of my to-do list around the homestead. This February, I had convinced myself to plant a small vegetable garden, make some minor landscaping modifications to the yard, and do some heavy duty de-cluttering inside. With only one month of Spring left, I have only managed to mow the lawn a couple of times and trim a few shrubs. When I woke up this past Saturday morning, I was determined to get at least one of those projects started before the Summer heat of the south was upon me.
A new study by accounting and consulting firm BDO USA looks at concerns tech companies have about their global supply and distribution chains. Supply chains are not to be broken. But there’s plenty of risk that they might, and that risk – or at least concern over that risk – seems to be growing.
"The Payoff" has modest ambitions. When we bring you the latest news about payment systems, the point is not to "energize your consumer base" or inspire your employees or any of the other lofty claims we occasionally see for "gamification" or the "mobile Web".
"Cashless society" means something different to law enforcement agencies, privacy advocates, consumer agencies, development consultants, retailers, and other constituencies. MasterCard has been in the news often lately, revealing what it thinks about the place of cash in a consumer society. Let's look at the evidence.
Everyone talks about the customer. They complain about customer service, wonder what their customer is thinking, and worry about customer impact. The funny thing is, a lot of times we eCommerce/EDI professionals don’t even know who our customer is. Because we’re always ‘in the middle’, it’s not always clear.
I scanned the blogosphere and various Web sites for tips on choosing drop shippers and then managing those relationships. I found a lot of good info, and thought you all could use it as well.