• Reduce the time and cost required to produce documents
  • Reduce errors and re-work through the use of inherited data
  • Reducte post, telecommunications and courier costs

Accounts payable processing
  • Eliminate the need to re-key commercial invoice data and to manage the associated errors
  • Facilitate automated reconciliation of purchase orders against commercial invoices
  • Enable a seamless link to electronic payment facilities

Accounts receivable processing
  • Eliminate the need to manually reconcile credit/payment advices with commercial invoices
  • Allow focus on exception processing to reduce the need for dispute management

Working capital
  • Remove the processing barrier to taking advantage of discount terms
  • Enable optimal working capital finance by streamlining the receivables process
  • Reduce the requirement for working capital by improving visibility of outstanding payables and receivables

Cash flow
  • Remove unnecessary float that exists because of paper-based processes
  • Accelerate cash cycle for the supplier against optimal payment terms for the buyer

Payment processing
  • Create opportunities for managed payment processing services based upon integration with the accounts receivable process
  • Reduce the cost of payment processing by supporting the emergence of new payment services

Documentary settlement processes
  • Reduce the risk and cost of discrepancies with improved data quality
  • Enable banks to improve the document checking turnaround time by automating the reconciliation process
  • Improve the competitiveness of letters of credit by increasing efficiency

Resource utilisation
  • Remove the knock-on effects that the burden of paper documents can have on capital-intensive resources
  • Ensure seamless movement of goods without the threat of delays associated with documentation

Contingent liabilities
  • Reduce the requirements for indemnities when paper documents are misplaced or delayed
  • Reduce the risk of improper release of cargo or documents by carriers and banks

Risk management
  • Enable greater visibility of goods movements and cash requirements
  • Reduce the opportunities for fraud by improving document security
  • Support compliance with new regulatory requirements, including those designed to reduce the threat of terrorism

Customer service
  • Enable logistics providers to improve customer service by supporting rapid creation and release of documentation
  • Enable the financial community to define new payables, receivables and working capital solutions based upon the management of electronic information