Fleet is committed to bringing you the full value of electronic
payments while creating the best service experience possible.
We offer a comprehensive suite of professional services
designed to rapidly implement PayMode® within the boundaries
of your company’s business requirements and systems
environment. Also, Fleet immediately goes to work on your
behalf to get your suppliers and business customers ready
to receive or make PayMode payments.
| Experienced
PayMode® professionals work directly with your company
to meet two key implementation goals: |
| • |
Integrate
PayMode into your company’s financial systems. |
| • |
Enroll your company’s
vendors, suppliers and/or customers in PayMode. |
Accounts Payable and Accounts
Receivable Integration
Integration with PayMode enables a seamless and secure digital interaction
between your company’s financial systems and PayMode. Integration enables
your company to make and receive electronic payments while continuing to work
with existing systems and within your established payment process.
For payables integration, the process generally consists
of a minor one-time system configuration that generates
a PayMode payment file during your company’s regular
payment processing. And for receivables integration, no
system configuration is required. Moreover, this work is
completed
in just a few days with little or no use of your company’s
internal technology resources. Whether you are running
SAP™,
Oracle®, PeopleSoft®,
Great Plains®,
JD Edwards®,
QuickBooks® or any financial
system or software, integration with PayMode makes electronic
payments the rule
rather than the exception.
| Benefits
of PayMode Integration: |
| • |
Lowers the
costs of initiating and sending outgoing payments, as
well as applying incoming payments. |
| • |
Strengthens your relationships
with suppliers and customers by creating a more efficient
and lower-cost environment in which to conduct business. |
| • |
Enables integrated payment
and remittance flow to and from all companies in the
PayMode network—no one-to-one supplier or customer
negotiations. |
| • |
Further reduces costs
by limiting the number of reconciliation calls to and
from suppliers and customers due to missing or inaccurate
remittance that requires further information or research. |
| • |
Adds a new level of security,
audit control and confidentiality to your company’s
payment process. |
| • |
Enhances the return on
your company’s existing technology investments—no
changes to your current systems are required. |
Accelerated Enrollment Program
Fleet's Accelerated Enrollment Program makes it possible for your company to
begin making or receiving electronic payments to and from your suppliers
or business customers — quickly and without business disruptions. The
Accelerated Enrollment Program has shown to achieve its greatest success
in the first 180 days, but continues for a period of up to 24 months.
First, we work with you to jointly analyze your list of
suppliers and customers and select those that return the
greatest benefit in the least amount of time, once enrolled
in PayMode. Key data elements such as the number, frequency
and value of payments are considered while analyzing the
list.
| Based on
the results of the analysis, Fleet next initiates a multi-phase
direct marketing outreach program informing your suppliers
or customers of your implementation of PayMode, while
highlighting key product information and benefits: |
| • |
Phase
I involves contacting your most important or
strategic suppliers or customers by mail and telephone. |
| • |
In
Phase II, Fleet mails informational packets,
supported by telesales, directly to your company’s
high-value suppliers or customers. |
| • |
In
Phase III, Fleet's experienced telesales professionals
prioritize and contact active suppliers or customers
on your list using a variety of methodologies that
fit your needs. |
We coordinate the entire process and secure your approval
for all communication materials, telesales scripts, follow-ups
and other activities.
Getting Started
Fleet begins by conducting and documenting a detailed business process review.
This creates an understanding of your company’s unique technical requirements
and business rules, and enables us to map PayMode to your existing process.
We also work with you to analyze the information needed to design the Accelerated
Enrollment Program to your specifications.
In addition, Fleet provides your company’s PayMode
users with on-site training and, for your convenience, we
provide full-time, live customer support at both the account
and transaction levels.
Fleet also makes available, upon request, additional services
that can assist you in getting the most efficiency from your
payables and receivables process. We can offer recommendations
on process improvement as well as complete integrations with
other systems where remittance information resides, or with
the systems of your key suppliers or customers.
For more information about PayMode
contact us toll free at 866-252-7366.
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