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Invoices are a critical part of day-to-day business transactions. They facilitate the collection of cash required to acquire raw materials, sustain the cost of manufacting goods, and pay for the delivery of goods. The cash collected via invoices also supports the cost of staff and other overhead expenses. Invoices are also integral to how suppliers interact with customers.
Yet most billers rely on outdated paper billing processes that create avoidable profit leakage and delays in payment collection as a result of lost, unprocesses or disputed invoices.
Bottomline's PT-X Connect allows you to securely manage the transition and status of invoices, purchase orders, and other financial documents. Leveraging the strong connectivity with customers and suppliers, PT-X Connect features a real-time user interface, to deliver insights against their interaction and engagement with outstanding documents. Innovative exception management tools, identify, untouched and overdue items allowing you to prioritize them for action. Intelligence from this collaborative data helps drive enterprise-wide financial decisions allowing you to proactively maintain a healthy working capital and improve customer and supplier relationships.