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2014 Suppliers' Acceptance of Card Payments

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Description
NAPCP and First Annapolis Consulting collaborated on this 2013 survey to explore how the market has evolved since the first edition survey in 2009 and to refresh perspectives on suppliers' acceptance of card payments from the end-user organization buyer's point of view. NAPCP end-user members and subscribers were invited to participate. Fifty-two questions were included and 103 responses were received. Two major areas were addressed: Traditional P-Cards, including One Cards; and Electronic Payables (ePayables), which were excluded in 2009. The outcome of the comparison indicated that supplier acceptance, a core NAPCP community priority, has significantly improved.

The Executive Summary is available free of charge to both members and complimentary subscribers. The complete, 32-page report is complimentary to NAPCP members; $189.00 for non-members. Upon payment, you will receive a link to download your copy of the report.

Abbreviated Table of Contents:

  • Executive Summary
  • Reasons Suppliers Take Cards
  • How Suppliers Can Save Money by Taking Commercial Cards
  • Supplier Resistance to Taking Cards
  • Include Card-Related Terms in RFPs, RFQs, and Supplier Contracts
  • Emphasize Importance of Card Acceptance in Supplier Selection
  • Carefully Consider Factors When Determining Form of Payment to Use
  • Solicit Assistance from Providers in Supplier Education & Card Acceptance Enrollment
  • Eliminate an Invoice from Procure-to-Pay Process When Paying by P-Card / One Card
  • Ask Your Suppliers to Reliably Capture and Transmit Enhanced Data (Level 2, Level 3)
  • Learn More About Large Ticket Interchange and Discuss With Your Suppliers
  • Introduce or Expand an ePayables Program
  • Continue to Educate Your Suppliers
  • Key Conclusions
  • Call to Action for Suppliers and End-Users
  • About the NAPCP
  • About First Annapolis Consulting, Inc.
  • Appendix: Accounts Receivable Perspectives on Card Acceptance
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Complimentary resource for all website visitors.
Report free to NAPCP members. Executive Summary free to members and complimentary subscribers.