Speed Up Processing and Drive Compliance
You can manage accounts payable with real efficiency and effectiveness only when you minimize the manual, error-prone processing of paper invoices and checks. With payables management solutions from Ariba you can exchange documents quickly and electronically, seamlessly collaborating with your suppliers over the Ariba Network. That’s the world’s largest business network; nearly 2 million suppliers strong and growing.
With Ariba’s cloud-based, collaborative payables management solutions, companies like yours are completing and simplifying the procure-to-pay cycle by...
- reducing invoicing processing costs up to 70 percent
- implementing automated workflows to ensure compliance
- collectively capturing millions in early-payment discounts to help optimize working capital
- saving time and money by sending their suppliers rich remittance advice in advance of electronic payments
To do the same for your accounts payable processes, explore these solutions for collaborative payables management:
Capture and digitize 100 percent of your invoices for touchless processing, automated exception handling, and stronger compliance—procedural, contractual, and legal, as well as the intricacies of VAT/tax compliance.
Now you can provide your suppliers with rich and timely remittance advice about each electronic payment—before the payment is received.
Work with your suppliers to fully automate the negotiation and acceptance of early-payment discounts in a mutually beneficial way that optimizes both your DPO and their DSO.
To talk with an expert about all the ways Ariba can help you save time and money using our solutions for collaborative payables management, contact us.