An article posted today at Digital Transaction News cites the relative quiet surrounding Back Office Conversion (BOC) since it's introduction March 16th (as we observed here at ForteBlog after Payments 2007 in Chicago last month).
Digital Transaction News suggests that the relatively high cost of scanners and software for large merchants with many outlets creates an opportunity for banks and processors to offer BOC as a outsourced solution and highlights a solution currently being tested by Plymouth, Minn based Solutran Inc called SPIN.
Read more:
How BOC’s Costs Create Opportunities for Check Processors
Digital Transaction News
May 8, 2007
Learn more about Back Office Conversion:
Read Forte Financial's recent article on Back Office Conversion
Visit the official NACHA website: electronicpayments.org
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.