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Sustainable Growth in a Connected World

Sustainable Growth in a Connected World

Both accounts payable and accounts receivable realise big benefits from e-invoicing and business networks. In a purchase-to-pay climate where new opportunities and real-time information are becoming commonplace, it’s important to consider the relationship you have with your partners and if you have the right supplier collaboration tools in place. Here’s what e-invoicing and business networks can do for your organisation:

Benefits for Accounts Payable: 

  • Efficiency through automation

  • Reduced paper consumption

  • Saved time

  • Reduced handling costs

  • Increased invoice quality

  • Early pay discount programs

Benefits for Accounts Receivable:

  • Decreased manual processes 

  • Reduced paper consumption

  • Quicker cash flow

  • Increased visibility and control

  • Global VAT/tax compliance

Read our eBook to learn more about how e-invoicing and joining a business network can help your company while also benefiting your suppliers and improving relations.