OB10 e-Invoicing will provide you with many benefits, resulting in reduced operating costs, shortened cycle times, and inevitably higher profit. Some of the benefits you will receive are:
- Eliminate many manual tasks present in paper invoice processing
- Improve the productivity of your staff
- Compress your working capital requirements: capture more early pay discounts, negotiate better terms, and implement dynamic discounting strategies.
- Real time visibility of your spending enables you to extend contract pricing to cover more purchases.
- Ensure VAT/tax & regulatory compliance.
- Attain guaranteed end-to-end supplier enrollment
Additionally OB10 will give your full control over the timing of invoice payments, allwoing you to avoid late fees, capture early pay discounts, and maximize float for suppliers who don't offer terms. Furthermore, the visibility you are provided gives you accurate information about the timing of working capital requirements, allowing you to minimize idle cash.
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