Visit Our Sponsors
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.
Enjoy curated articles directly to your inbox.