Executive Briefings

Invoiceware Issues Supply-Chain Finance App for Latin America

Invoiceware International, a provider of tools for electronic invoicing and fiscal reporting in Latin America, has released a new supply-chain financing platform.

Invoiceware Issues Supply-Chain Finance App for Latin America

According to the vendor, the application can boost supplier liquidity through the offering of numerous features, including a "pay me now" option, flexibility in choosing which invoices to pay, and access by suppliers to a lower cost of capital. The platform helps to enhance compliance with tax-reporting regulations, ensure the availability of materials for key manufacturing facilities, and reduce accounts-payable costs through automated three-way matching of regional electronic invoices. Suppliers no longer need to inquire about payment status, because that information is displayed on the supplier's portal.

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According to the vendor, the application can boost supplier liquidity through the offering of numerous features, including a "pay me now" option, flexibility in choosing which invoices to pay, and access by suppliers to a lower cost of capital. The platform helps to enhance compliance with tax-reporting regulations, ensure the availability of materials for key manufacturing facilities, and reduce accounts-payable costs through automated three-way matching of regional electronic invoices. Suppliers no longer need to inquire about payment status, because that information is displayed on the supplier's portal.

Read Full Article

Invoiceware Issues Supply-Chain Finance App for Latin America