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According to industry research analyst, Celent Communications*, costs associated with processing invoices, payments, and disputes are significantly reduced for businesses viewing any paying invoices via the Internet.
*Celent Communications is a strategy consulting and advisory firm based in Boston, MA that provides reports identifying trends on the use of e-Commerce and the Internet in the financial services industry.
- 24x7 access to your statements and invoices reduces a large number of phone calls
- Downloading invoices into your A/P system eliminates data entry
- No need to invest in expensive EDI solutions
- Deduct online and get faster answers
Eliminate "Hidden" Costs:
- Investigation and phone calls related to missing statements or invoices
- Time to follow up on disputes
- Untimely discount
- Risk of duplicated invoices
- Cash flow inaccuracy due to check timing and bank reconciliation