Aliso Viejo, Calif. – Apr. 12, 2013 – iPayables, an industry leader in electronic invoicing and accounts payable automation was awarded a contract with The Guardian Life Insurance Company of America (Guardian) to spearhead their new payables automation strategy using iPayables’ advanced electronic invoicing application InvoiceWorks®.

Guardian, one of the nation’s largest mutual life insurers and a leading provider of employee benefits, elected to transform its accounts payable department from a traditional paper invoicing system to a full automation solution using iPayables InvoiceWorks®. The transformation will enable the life insurance giant to achieve sustainable efficiency and to save money long-term.

“Having iPayables automate our accounts payable department will give us more flexibility in managing budgets, approving purchase orders, paying our suppliers and will speed up the process in general,” said Jon Doe, AP Executive at Guardian. “The free vendor adoption and no supplier fees really made iPayables stand out from their competitors,” he said.

With InvoiceWorks®, Guardian’s suppliers will be able to submit invoices electronically over the internet which are then routed for approval through Guardian’s network of over 200 approvers. Another innovative feature will provide suppliers the option of early payment using iPayables dynamic discounting tools.

InvoiceWorks® by iPayables dramatically streamlines the invoice process, reducing costs and enforcing controls. Multiple Fortune 500 organizations have implemented InvoiceWorks® including the world’s largest airline, largest restaurant company and largest grocery chain. To learn more about iPayables please log on to www.ipayables.com

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About iPayables

We’re experts in the automating of accounts payable departments while optimizing workflow and streamlining the invoicing / payables process. By using our advanced internet invoicing system (InvoiceWorks®), companies can process invoices electronically, make changes, and can track payments all while eliminating phone inquiries, data entry, filing and the scanning of documents. The world’s largest airline, largest grocer, largest restaurant chain and other Fortune 100 companies use iPayables InvoiceWorks® because of its functionality, flexibility, and unmatched value. iPayables provides supplier tools for invoice web-entry, file upload, EDI, PO flip and paper invoice capture; which integrate seamlessly with our robust and dynamic workflow, purchase order matching, dispute resolution, payment and dynamic discounting capabilities. To learn more about iPayables log on to www.ipayables.com

About Guardian

A mutual insurer founded in 1860, The Guardian Life Insurance Company of America and its subsidiaries are committed to protecting individuals, business owners and their employees with life insurance, disability income insurance, dental insurance products, and offer funding vehicles for 401(k) plans, annuities and other financial products. Guardian operates one of the largest dental networks in the United States, and protects more than six million employees and their families at 115,000 companies. The company has approximately 5,000 employees in the United States and a network of over 3,000 financial representatives in more than 80 agencies nationwide. For more information about Guardian, please visit: www.GuardianLife.com.