What the datasheet covers:
Gaining insight into, and more importantly, control of 100% of your company spend isn’t some theoretical grail. It’s all about replacing your manual, paper based processes with automation that gives you the holistic visibility to manage all your invoices and payments with streamlined, efficient workflows.
The time and money savings are real: You can reduce the average cost of processing an invoice from $15.96 to $2.94, that’s 80% less, and cut the time it takes from 16.6 to 3.6 days, all while increasing PO matching by almost 50%. That’s the kind of cash management improvements best-in-class organizations achieve.
Corcentric Payables Automation empowers you to:
- Capture paper and electronic invoices and extract data faster and more accurately
- Give suppliers easy access to electronic PO-to-invoice conversion through dedicated portal
- Simplify three-way matching to enable touchless invoicing and straight-through processing with ERP integration
- Centralize and manage 100% of your payments ACH, P-Card, check, wire, whatever