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IEEE has centralized all its discounted products and services on a single website to make them easier to find.
The site's FAQ page explains how IEEE selects the discounts it offers and why discounts are not available in all countries.
Enhancements to the site for this year include a feedback form for member comments and a procedure for vendors to propose their products for consideration. Click here to learn about IEEE membersa€™ contributions to emerging areas and cutting-edge technologies. Whether you want a security light, some pretty path lights, or fairy lights as a present for your friends or family, we have it all! However, automating the accounts payable function manages cost, frees up bank personnel to focus on more productive tasks, and allows institutions to take advantage of vendor discounts offered for prompt payment. Yet, often bank staff becomes overwhelmed by manual accounts payable systems that require massive amounts of time and paper moving to manage. Using accounts payable software offered by top firms dedicated to financial institution solutions, such as BankTEL, saves money, time, and minimizes human errors.
First Northern Bank of Wyoming Testimonial1st Quarter NewsletterA Message From Boyce As a software company we are constantly looking for ways to enhance our existing systems or…Bank Executives Seek New Ways to Manage Operations and Basel IVWhile always an important consideration, products that streamline banking operations are now more vital to increasing bottom lines.
Suggest your Discount Store-related website for editorial review and possible inclusion in this product and service provider directory. NAPABA has secured several travel discounts for those attending the Convention. American Airlines, Avis, and Amtrak are all offering 5% to 10% discounts to Convention attendees.


Items on the intuitively named IEEE Member Discounts site include books, conferences, and continuing education programs, all provided as benefits of membership.
A filtering tool will be added so that members can more quickly find discounts that suit their geographic location and careers, says Nicholas Lehotsky, member benefits online marketing manager.
No one needs a Masters degree in Advanced Mathematics to understand that a discount for prompt payment is light years better than a costly late fee for tardy payment of an invoice.
Since accounts payable departments are seldom considered to be profit centers by experienced bank executives, any arguments supporting manual systems fall short of wise management decisions.
Prompt pay discounts, such as 2% if paid in 10 days, may not seem like much, but if the bank establishes a pattern of quickly paying invoices, over the course of a fiscal quarter or year, these savings translate to positive impacts on financial institutions’ bottom lines. A bank’s audit staff can save time and money by having accurate accounts payable data at their fingertips. Saving the time and money of personnel entering, proofreading and verifying invoices to produce accurate manual reports and payables aging, gives staff the time to address more pressing matters. To save more, these proven apps can often accept electronic invoices, saving paper, postage, and staff scanning time.
Who knows, bank senior management may even start referring to the accounts payable department as a profit center. In addition, the site features offers that were part of the former IEEE Financial Advantage Program, including ones for hardware and software, insurance, travel, home, and office services. Manual accounts payable systems require bank staff time to schedule and make timely payments, none of which saves a financial institution any money—manual systems typically only increase expenses without any positive return to the bottom line.
Along with eliminating the paper shuffling requirements of manual systems, automated accounts payable systems immediately make data available to appropriate staff and management.


These results are far better than consistently making late payments and the penalty fees this practice generates. They appreciate the simplicity of following digital trails and reduces the time needed for internal audit procedures.
After spending the time to accurately enter invoice information, taking advantage of discounts and avoiding late fees sometimes becomes a daunting challenge while waiting for management approval to pay. Upper management seldom appreciates the negative impact late payment creates on the expense aea of a bank’s Income Statement. Efficient accounts payable software minimizes or eradicates typical typographical errors, which usually defeats even the best cost control procedures. This electronic audit trail continues to pay dividends when it is time for financial institutions’ annual outside audits.
Since automated accounts payable information is available instantly after digitizing it, bank management does not need to wait for the tedious process of manually recording data from invoices. Bank CIOs Respond that Mobile Banking and Online Banking Are Top Priorities for Tech Focus in 2015There is true optimism from the banking community about U.S.



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