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Total Solution
A total EIPP (Electronic Invoice Presentment & Payment) solution allows companies to manage their business transactions with maximum efficiency. Invoice data, disputes, approvals, payment disbursement and payment reconciliation are transformed from paper based manual processes to automated electronic processes. The result is substantial operational improvements and cost reductions in AP, AR, Procurement, and Treasury.
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“The Corcentric e-Commerce system has been a key factor in the success of AmeriQuest. It has allowed us to automate virtually 99% of our sales and accounts payable functions in a manner that seamlessly insures the total accuracy of the posting of all input. In 2006, it allowed us to process 800,000 transactions with a total full-time staff of four employees! During this same period, our sales doubled and our Accounting Department headcount remained unchanged. Its Internet basis means that there are no specialized hardware or software costs associated with utilizing the service. Add to these pluses the fact that we have total online archiving of our e-Commerce sales and payable invoices and you have a powerful asset at your fingertips.”
- Rich Spotts, VP of Operations and Administration, AmeriQuest Transportation and Logistics Resources
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