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:
Additionally OB10 will give your full control over the timing of invoice payments, allowing 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.
The Accounts Payable features of OB10 will give you predictable processing allowing you to identify additional opportunities for contract coverage, enforce contract/pricing terms compliance, and leverage improved invoice processing to negotiate expanded terms and increased discounts.
The Accounts Receivable functions of OB10 will give you the following benefits:
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