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Workday To Expand Procure-To-Pay Via Scout RFP Acquisition

PYMNTS

Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. Based in San Francisco, Scout RFP is designed to aid organizations with their procurement processes, from intake through supplier management. “As

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Faster Payments and the Potential to Transform Consumer Bill Pay

Faster Payments Council

The paper also explores how Request for Payment (RfP) messaging could bring the best of both models together to help transform the bill pay experience and the various barriers to adoption of faster payments in consumer bill pay.

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Decision Fundamentals: Capturing Subject Matter Expertise

FICO

Over the next few weeks I’ll blog about each of these principles, starting here with the most basic tenet of decision management: capturing subject matter expertise. The goal at this stage of the project was to document the entire process, simplify it, and create an RFP for a complete system redesign. Intelligent solution creation.

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Will PSD2 and SCA Ruin Your Customer Experience?

FICO

caption id="attachment_36879" align="alignnone" width="521"] Source: FICO Blog[/caption]. 5 Things You Need to Include in Your PSD2/SCA Vendor Selection RFP or Solution Design. The two elements which are selected must be mutually independent of each other as to avoid a single point of compromise. Tuesday, October 2, 2018. 11:00 am BST.

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U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Faster Payments Council

In addition to presenting the benefits and drawbacks of the two models, the paper explores how Request for Payment (RfP) messaging could bring the best of both models together to help drive broader industry adoption, and ultimately transform the bill pay experience.

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Real-Time Payments: What’s Ahead, and How to Fight Fraud

FICO

Request for pay (RfP) . Here’s an excerpt from a recent blog on ACH fraud which, like real-time payments fraud, puts a holistic view of the customer front and center: A Panoply of Inflows and Outflows. P2P real-time transactions. The Federal Reserve is a second key player. by Darryl Knopp.

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What is e Sourcing?

Nanonets

See Nanonet’s blog article for the differences in RFQ vs. RFP.  The X is substituted with the beginning letter of the type of request to title a customized but standardized form for a contract award requiring potential vendors’ responses.  Some eSourcing tools include automated vendor scoring and evaluation.