Accounts Payable News^®

Electronic Invoice Exchange is an interactive online portal enabling buyer organisations to work more collaboratively with suppliers to increase visibility, reduce transaction costs and accelerate the transition from paper to electronic invoicing.

By providing suppliers with the capability to upload invoices directly to the portal or submit them as paper, buyer organizations can benefit from higher electronic invoicing adoption rates, reduced costs associated with handling suppler enquiries and discrepancies, and working capital improvements through the ability to proactively pursue early settlement discounts and supply chain finance opportunities.