PITTSBURGHâ¦ George McKee III, chief executive officer and president, True Commerce, Inc. will be joined by Linda Mula, manager, Cash Management & Treasury Accounting, PPG Industries, Inc. in presenting on April 12, 2005 as part of PAYMENTS 2005, the annual conference hosted by NACHA â The Electronic Payment Association.
Titled "How to Incorporate Small Trading Partners into an ePayment Strategy," the presentation will address the challenges of leveraging technology with small to mid-sized businesses. The session will highlight PPGâs success in implementing a centralized payment system that leverages Electronic Data Interchange (EDI) technology. The system is used by PPG to handle payments for thousands of suppliers, many of whom are small to mid-size companies.
"The difficulty in establishing a successful EDI system is not technology," said George McKee, "the key is gaining adoption among what is usually the largest portion of a large enterpriseâs trading community â small to mid-tier businesses." McKee added, "Smaller businesses are typically not as tech savvy as their larger trading partners, and they are less likely to implement sophisticated solutions they perceive as being complex and expensive. However there are ways to successfully implement EDI with smaller trading partners, and PPGâs approach is a classic example of what can be achieved if the appropriate solutions and strategies are applied."
Linda Mula concurs, and reaffirmed the belief that an electronic payment initiative can successfully assimilate smaller trading partners. "Many of the vendors that supply PPG with goods and services are small organizations. Itâs not uncommon for them to run their business using a paper-based system; some donât even have computers. Yet we have been able to apply unique solutions provided by TrueCommerce to extend our automated payment system to many of our smallest trading partners."
PAYMENTS 2005 is considered the premier electronic payments industry conference, with over 160 sessions addressing the latest developments and advances in ACH, Corporate Payment Priorities, the payments business, eCheck, global electronic payments and public/private convergence. The event will be held this year in San Antonio, Texas from April 10-13 at the Henry B. Gonzalez Convention Center.