e-Invoicing

Staying competitive in today’s global economy requires much more than better products or services or distribution networks: It requires superior cash management. You must continually streamline operations and minimize expenses. Converting to e-Invoicing is a critical part of that process.

• Significantly reduces the cost of sending invoices—about 60%, including paper and postage
• Speeds up processing, lowering the number of days to reconcile a disputed invoice
• Helps you forecast cash flow
• Lets you show an audit trail for closing books and protect against European and Latin American tax authority audits

The lower costs of e-Invoicing, in combination with the gains in processing speed and accuracy, means you’ll reduce Days Sales Outstanding and shorten cash conversion cycles (on the A/R side) and create payment flexibility (on the A/P side), helping you free up cash to expand operations and/or reduce debt. Not to mention, dramatically reducing your dispute management workload. Plus, e-Invoicing by Crossgate helps ensure critical compliance with the policies and procedures of 38 countries.

See:  Account Receivable  | Accounts Payable  |  Compliance Benefits