Interfaces directly to Billers’ A/R and Payers’ A/P systems regardless of infrastructure, application and data base engines. No need to scan paper invoice just to extract invoice data. No need to manually enter data to A/P in order to pay;
Provides automation of A/P invoice reconciliation and approval processes. No more lengthy invoice processing cycles. No more late fees;
Facilitates Dynamic Discount Management by presenting invoice and/or settlement information in an “As-of-the-Moment” fashion that is beneficial to both the Biller and Payer. No more missed discounts;
Provides Electronic Funds Transfer for faster funds availability, and detailed remittance addenda for accurate application of transactions to respective biller’s and payer’s application.