Corporate Overview

Business

Direct Insite delivers on-demand, end-to-end solutions that take the complexity out of financial supply chain management. Our solutions automate accounts payable and accounts receivables processes such as billing, invoice validation, invoice-to-order matching, invoice consolidation, dispute management, and payment processing.

Company History

Since it was founded in 1987, Direct Insite has built a track record in automating some of the most demanding financial environments. Today, more than 100,000 corporations use our solutions across 100 countries (representing more than 35 currencies and 15 languages).

Strategy

Direct Insite’s fundamental strategy is to provide on-demand, end-to-end procure-to-pay and order-to-cash solutions that deliver significant business value across the financial supply chain (for buyers and sellers). Our solutions are typically deployed in a phased approach, accelerating ROI and allowing users to better leverage their existing technology. We complement our solutions with custom engineering support to meet the needs of the most complex environments.

Value Proposition

Direct Insite’s solutions eliminate complexity from the financial supply chain. We enable businesses to save time and money, accelerate cash flow, streamline capital management, and eliminate information gaps by empowering buyers and sellers.

SIX KEY ATTRIBUTES SET US APART FROM OUR COMPETITORS:

1. End-to-end functionality: We are one of the few solutions providers to offer end-to-end capabilities that address the entire financial supply chain (both AP and AR). Through our suite of solutions, we offer a platform that sits above heterogeneous ERP and billing ecosystems. 2. On-demand delivery model: Direct Insite pioneered the use of an on-demand (SaaS-based) delivery model for financial supply chain automation. Our proven service infrastructure provides for rapid implementation while eliminating the need for capital investment (software licenses and hardware) or annual maintenance contracts. 3. Pricing model: Direct Insite is one of the only solutions providers to only charge buyers to use its AP applications. Most other vendors charge both buyers and suppliers – an key impediment to adoption. 4. Track record: Few vendors can match Direct Insite’s more than 24-year track record in financial supply chain automation. During this time, we have served industry and market leaders (including Fortune 500 companies and some of the world’s most prominent brands). 5. Scalability: While our solutions stand apart for their ability to deliver business process improvements in some of the largest and most complex financial environments, we also offer entrylevel capabilities via our supplier portal — ideal for mid-market companies looking for a proven solution with scalability and additional functionality. 6. Certifications: Direct Insite is the only provider of financial supply chain automations solutions to be ISO 9000 certified – an industry benchmark for operations discipline and strong control of business processes. We also are PCI compliant, uniquely qualifying us to provide secure credit card payments processing, and our solutions are SAP Certified for their ability to integrate with SAP applications.

Service Offerings

Direct Insite’s integrated suite of financial supply chain automation services, called Invoices On-Line, provides efficiencies for procureto-pay and order-to-cash processes. Our service offerings include:

  • Self-service portal
  • Electronic invoice submission
  • Invoice processing/matching
  • Vendor onboarding
  • Invoice inquiry management
 
  • Self-service portal
  • Electronic invoice submission
  • Invoice processing/matching
  • Vendor onboarding
  • Invoice inquiry management

Customers (selected)

 
 

 

Sales Model

Direct Insite sells its solutions through a direct sales channel as well as through various partners in the Americas, Europe and Asia.

Stock Symbol

DIRI.OB (OTC BB)