Vantage has launched a new web site at http://vantageb2b.com focused on addressing the specific payment needs of small and mid-sized (SMB) business-to-business (B2B) and business-to-government (B2G) enterprises. VantageB2B.com offers payment acceptance policies, strategies and best practices to lower cost, increase productivity and enhance security.
Today’s most successful SMB are using a mix of technology and best practices to effectively manage their accounts receivables to increase cash flow and working capital. Managing credit risks, using lockbox services to automate paper-based processes and following AR best practice invoice tracking and follow up are being viewed as smart strategic decisions, giving SMB a competitive advantage once reserved only for big business.
Likewise, companies are finding that not every buyer or every invoice is best suited for trade credit. Commercial credit cards are being used to replace inefficient and expensive paper purchase order processes by businesses, corporations and government agencies. Accepting Corporate, Business, Purchasing and GSA Purchasing cards are an important component of a company’s payment policies. Establishing a merchant account to accept commercial card payments is different that setting up a retail-style business to consumer (B2C) merchant account. This has resulted in SMB paying expensive non-qualified surcharges. VantageB2B.com helps SMB understand card payment best practices including the cost saving of moving to a Level 3 merchant services provider.
Marrying card payment and AR trade credit best practices, Vantage delivers a single source, comprehensive approach to B2B payments. To help meet client demand, we have openings for Commercial Payment Analyst with B2B consulting experience. We will be holding weekly training seminars every Tuesday at 2 pm EST. Please visit http://vantageb2b.com/now-hiring for more on this career opportunity.