Prior to the internet age, invoicing and payment processing was largely a nightmare – long paper trails, missed payments, and zero visibility into the process. Our financial services client saw an opportunity to revolutionize the shipping and logistics industry with a powerful electronic payment system designed to cut transaction times and increase efficiency.
The only challenge? Building it.
Concord was engaged to conceptualize the solution from end-to-end. Ultimately, the team landed on a system that relied on tried-and-true technology – a card payment system – under the veneer of a hand-held device.
For more than 20 years, our client’s business-to-business customers have reaped the benefits of this system, including:
In addition to revolutionizing the freight industry at the time, our client still enjoys being one of the largest players in the electronic invoice presentment and payment arenas. Amazing!