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Back Office Conversion - Is it Hype or Opportunity?
Jon McCormick, Vice President Business Development, Balance Innovations, LLC
Paul Cox, Vice President of Finance, K-VA-T Food Stores, Inc.
This session was presented at the 2007 N.G.A. Convention in Las Vegas, Nevada.
Back Office Conversion (BOC) presents retailers with a significant opportunity to reduce costs and further automate check processing. But BOC should not be confused with other options such as Image Capture, POP, and ARC. Electronically depositing of checks is one of the most important emerging trends in the industry today. But how do you realize this benefit? Is it just another electronic form of payment with empty promises? What are some of the considerations when looking for a solution?
Attendees to this workshop learned about what BOC really means to the retailer, how it affects their back office, front end, and their customers. They learned what types of issues they have to address and how to move forward and exploit this exciting opportunity.
To view handouts:
Back Office Conversion – Is it Hype or Opportunity? (.pdf 691 kb)
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