
E-invoicing enables a company to automate its invoice processing. Along with cost savings, when the E-Invoicing process integrated with other business systems, it provides business efficiency and tremendous revenue-generating opportunities. As a result, buyers, suppliers, and other managers gain several operational and strategic benefits.Supplier portal integrated with E-Invoicing:With a supplier portal, you can easily automate invoice submissions and allow suppliers to check your invoice statements any time during the day.You will see a colossal decrease in the phone calls to the API department, hence making it a wonderful experience for the customer and supplier. This also gives both sides an overall and deep understanding of cash flow.With software like Techpanion, you can submit your invoices in your chosen format and optimize your financial management process, and this would bring added benefits to your suppliers like :● Support of delivery of legal compliant invoices across the globe.● Reduced invoice exceptions, meaning fewer blocked payments.● Greater visibility into invoice and payment status. via /r/technology https://ift.tt/2GJKtU7
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