Corporate Payments and Financial Supply Chain

Which Banks Are Best

Publication Date	July 2008
Publisher	IDC
Product Type	Report
Pages	27
ISBN Number	not applicable
Product Code	IDC04402

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Summary

This Financial Insights report compares and contrasts the approaches that seven leading corporate banks - American Express, Bank of America, Bank of New York Mellon, Citi, Deutsche Bank, JPMorgan, and Wells Fargo - have taken to address corporate demand for more efficient payment systems. With over $19.4 trillion in business-to-business spending via paper check forecast for 2008, there are enormous opportunities for the sale of products and services to reduce invoice processing costs for buyers, accelerate collections for suppliers, and cut the time required to resolve disputes and reconcile payments.

According to Aaron McPherson, practice director, Financial Services at Financial Insights, and one of the authors of the report, "Unlike past failed attempts at selling financial supply chain services, this time, the banks are aggressively acquiring technology and talent to make a new run at the market. A focus on flexibility and customer service will maximize the success of the new round of financial supply chain management initiatives."

Content

Financial Insights Opinion
In This Report
- Brief Description of the Solution
- Figure: The Three Supply Chains Underlying Business-to-Business eCommerce
Situation Overview
- The Competitive Landscape
- Figure: Consolidation in the EIPP Market
- Segmenting the Market
The Market Players
Figure: Financial Institutions Cited by Corporates as Partners for Financial Supply Chain Management
- Solution Gap Analysis
- Compare and Contrast
- Table: Comparing the Financial Supply Chain Offerings
Future Outlook
Essential Guidance
- Actions for Financial Institutions
- Actions for Vendors
Learn More
- Related Research
- Appendix: Provider Profiles
  - American Express
    - Products/Product Components
    - Financial Insights Opinion
  - Bank of America
    - U.S. Domestic  AP Payments Solutions
    - International Trade/Supply Chain
    - Additional Services
    - Strategy
    - Financial Insights Opinion
  - The Bank of New York Mellon
    - Products/Product Components
    - Strategy
    - Financial Insights Opinion
  - Citi
    - Key Partnerships
    - Products/Product Components
    - Strategy
    - Financial Insights Opinion
  - Deutsche Bank
    - Products/Product Components
    - Financial Insights Opinion
  - JPMorgan
    - Products/Product Components
    - Strategy
    - Financial Insights Opinion
  - Wells Fargo
    - Products/Product Components
    - Strategy
    - Financial Insights Opinion
- Synopsis