Optimized Invoice Processing with IBX Purchase-to-Pay

Streamline your invoice processing on a global scale: IBX Purchase-to-Pay can reduce your invoice processing costs by up to 90% and eliminate up to 80% of the supplier invoice queries.

Global Reach via One Connection

IBX Purchase-to-Pay easily integrates with your ERP system and leverages the IBX Supplier Network to provide global connectivity. With IBX Purchase-to-Pay, your enterprise can:

  • Maximize supplier participation with flexible invoicing methods and a scalable supplier activation methodology
  • Boost the productivity of your accounts payable department by reducing supplier invoice queries up to 80%

 
IBX Purchase-to-Pay includes the following:

e-Invoice

  • Drastically reduces invoice processing costs up to 90% via e-invoicing and delivers discounts with earlier payments
  • Increases visibility and control of cash flow
  • Delivers global reach via one connection by leveraging flexible invoicing methods that accelerate supplier adoption

Compliance

 

  • Ensures compliance with tax and legal regulations using country-specific validations
  • Delivers 100% valid invoices according to your business rules
  • Reduces cost of invoice exceptions and eliminates non-compliant invoices at supplier’s end by pre-matching orders and invoices

Supplier Activation

 

 

  • Quickly ramp up your supplier collaboration leveraging the IBX Supplier Network.
  • Experienced team with proven methodology ensures high-quality invoices and satisfied suppliers.
  • Easy-to-use, self-service tools for quick enablement of large number of suppliers

Invoice Status Dashboard

 

 

  • Eliminate invoice and payment status phone calls and e-mails with an online dashboard that centralizes all information, so your suppliers can view approvals, payments, rejected invoices, and more
  • Easy and timely access to accurate information helps suppliers with cash forecasting and reduce the amount of Accounts Payable related requests by up to 80 percent

 

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