Financial transactions are inevitable for any business. Implementing tailored payment processes can increase your efficiency.
Optimization of payment techniques:
- Dematerialization: reduce paper documents for faster approval and better efficiency.
- Automate the control of invoices compliance (two and three-way match) with purchase orders and goods receipt, eliminating the time spent manually gathering these items.
- Consider the Pcard: the Purchasing card makes it possible to pay low and numerous individual bills at low cost, in comparison with the traditional payment method such as the check.
- Better track discounts offered or negotiated with suppliers to maximize your cash flow.
Payment management techniques allow your business to reduce processing time and improve your efficiency and results!
To find out more, our team of advisors is here to guide you!