Not only do you gain the time you need to be more strategic, you get the data too—24/7.

Efficiency

  • Eliminate paper
  • Reduce accounts payable processing costs
  • Streamline invoice approvals
  • Tighter business rules enforcement
  • Shorter approval cycle

Visibility

  • Immediate access to any transaction
  • On-demand metrics and analysis
  • Maximize cash management opportunities
  • Every action is time dated and user stamped for easy audit trails

Control

  • Detect and deter fraud
  • SAS 70 (Type II) compliant
  • Eliminate duplicate payments
  • Better security through data encryption and user authentication
  • Each user has custom privileges

Savings

  • Transaction-based fee model—no user licenses
  • Shorter invoice approval and payment time
  • No hard copy storage costs
  • Less staff time spent on AP processing
  • Reduces outside accounting firm hours
  • Up to 70% reduction in AP expenses

 

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