BUILDING A CASE
REDUCING WORKLOADS BY 70%
Our studies and experience have shown that payable departments spend the majority of their efforts in matching and approval routing, vendor inquiries, dispute resolution, data preparation, paper handling and data entry.
This chart shows the breakdown of the costs of a typical invoice. The average total cost of an invoice is around $10.00. Of the effort that makes up that cost, iPayables reduces Matching and Approval Routing workload by 70%.
Vendor inquiries and Dispute Resolution workload is reduced by 80%. Data Preparation, Paper Handling and Data Entry are eliminated completely. Depending on the distribution of these efforts, per invoice work effort can be reduced 70-100%.CONTACT
We specialize in...
InvoiceWorks™ is designed to accommodate all of your needs.
iPayables uses a robust system to enforce the customers approval policies.
iPayables Scan2e services turn paper invoices into electronic invoices.
We use advanced algorithms in real-time to determine the appropriate discount.