Accounts Payable
- Eliminates 80% of emails and vendor calls to AP
- Gives time back to AP for other initiatives, optimizing team deployment
- Provides 24×7 AP customer service
- Reduces communication lags and errors to support positive AP reputation
- Provides hard-to-get metrics and analytics that support operational improvements
- Streamlines supplier registration
- Eliminates paper
- Simplifies tasks for vendors and internal customers
- Ensures accuracy, timeliness and consistency
Procurement
- Simplifies work to allow procurement to focus more time on strategic sourcing activities
- Greatly reduces supplier compliance risk while supporting know-your-vendor programs
- Increases visibility in vendor communications and metrics
- Eliminates emails and calls to procurement
- Streamlines vendor registration
- Eliminates paper
- Enhances supplier relations
Vendor Relationship Management
- Enhances controls over vendor administration
- Confirms that vendors are valid and legal to do business with
- Streamlines vendor registrations and approvals
- Helps new vendors onboard/register quickly and easily
- Reduces vendor phone calls and emails by up to 80%
- Provides vendors with immediate invoice status answers 24/7
- Increases visibility in vendor communications and metrics
- Simplifies timely, consistent management of vendors
- Strengthens vendor relationships
Finance
- Helps implement digital strategies in finance
- Guarantees measurable results
- Delivers 3x – 10x ROI with quick implementation and comprehensive adoption
- Greatly reduces supplier compliance risk while supporting know-your-vendor programs
- Boosts efficient deployment of human resources
- Improves visibility in vendor communications and metrics
- Contributes to stronger vendor relations
- Provides hard to get metrics and analytics that support operational improvements
- Helps company avoid fines and penalties
- Supports reputation
IT
- Works as promised
- Reduces security risk
- Not on company financial platform
- No personally identifiable information
- Provides comprehensive usage and audit trails
- No or minimal cost to IT
- Consumes little if any valuable IT resources
- No development or maintenance
- No addition to IT overhead
- Compatible with all financial software platforms