If you’re a buyer, your AP team likely struggles with keeping up with constantly changing supplier information. But, if the information is left outdated, you put your organization at risk for fraudulent suppliers and potential payment fraud. If you’re a supplier, your cash flow is dependent on getting your payments quickly, so ensuring new supplier information gets updated is not the highest task on your priority list. But, without it, you could receive delayed payments.
That’s where Basware’s Supplier Information Management solutions come in. Buyers realize improved efficiencies, lower risks, updated supplier information, and reduced supplier disputes. And suppliers realize assured payments, easier information management for all their customers, and lower accounts receivable disputes.
Read the factsheet to learn more.