Accelarating your Cash Flow

Purchase-to-Pay

Cash is the lifeblood of businesses.

Yet paper-based purchase-to-pay processes make it difficult — if not impossible — for businesses to gain control and visibility over the financial supply chain, or accurately forecast cash flow.

Purchase-to-Pay Automation Features

Direct Insite's Invoices On-Line (IOL) e-invoicing platform provides greater visibility into the purchase-to-pay lifecycle. Features include:

  • Integration with any ERP or purchasing system
  • Support for shared services environments
  • Ability to deliver purchase orders electronically to suppliers
  • Ability for suppliers to electronically "flip" purchase orders into invoices
  • Advanced validation and matching of invoices and purchase orders
  • Automated dispute management tools
  • Enhanced tools for capturing supplier discounts

Additionally, Direct Insite's Invoices On-Line (IOL) electronic invoicing portal includes powerful reports and real-time visibility that provide the information procurement executives need:

  • Interactive dashboard displaying real-time information on liabilities to suppliers
  • Visibility across business units through integration with any ERP system
  • Easy access to contractual terms and commitments
  • Real-time invoice tracking and detailed audit trails
  • Anytime, anywhere access to archived invoices and data by authorized individuals

Purchase-to-Pay Automation Benefits:

Procurement can see key information that is current, actionable, and transparent — as well as derive the many other benefits of purchase-to-pay automation.

  • Better align accounts payable and procurement
  • Gain leverage in negotiations with suppliers
  • Identify opportunities to optimize p-card usage
  • More easily analyze spend patterns to drive efficiency
  • Greater control over contract compliance and organizational purchasing
  • Visibility into whether purchases comply with supplier agreements
  • Ability to capture more supplier discounts through accelerated invoice processing

AP Transformation