What It Is
- Vendor self-service tool that allows suppliers to reconcile their aged accounts receivable against their open, in process and paid invoices
- Can be run by your staff, the supplier or both
- Saves time by freeing up your staff from tedious, labor-intensive procedures
How It Works
- Suppliers’ invoice information is downloaded securely to InvoiceInfo
- Supplier or your staff uploads supplier statement
- InvoiceInfo automatically reconciles the supplier’s statement against their invoices
- Supplier and/or your staff receives report of what matches, doesn’t match and exceptions
Benefits
- Frees up staff time
- Identifies potential duplicates and untaken credits
- Provides suppliers timely information
