PayStream Advisors describes how e-invoicing solutions can streamline the Accounts Payable lifecycle, even when suppliers are reluctant to automate.View the whitepaper
Paper invoices are expensive to handle and so time-consuming to match and process that early payment discounts are missed and late payment fees incurred.
You can eliminate paper for good with true electronic invoicing with COR360™.
E-Invoicing – How it works
You can take advantage of three options to make paper-free invoicing a reality:
1. Corcentric Supplier Network
Connecting supplier finance systems to our network means full, paperless e-invoicing using EDI, XML, flat files, or another electronic data exchange method without costly fees.
2. Corcentric Invoice Virtualization Center
You can go paperless with invoice scanning and data capture to turn invoices into electronic data for automatic matching and fast processing.
3. Corcentric Supplier Invoicing Portal
The final option is the Supplier Invoice Portal. The free-to-use, 24/7, self-service portal means you get supplier invoices in electronic format for fast processing and your suppliers have access to invoice status. It means fewer phone inquiries for you to answer.
We’ll work with you and your suppliers to handle both the technology and communication changes.
E-invoicing – The benefits
Move to e-invoicing with COR360 and watch your efficiency soar: