Hosted Service Lowers
Costs, Speeds Order-to-Cash and
Enhances Customer
Relationships
According to the Aberdeen Group,
companies that fully embrace electronic order management can
process invoices, on average, seven times faster at
one-tenth of the cost of paper-based purchasing and payment.
So, why are more than 80% of companies still processing
invoices in paper format? The answer may be that companies
are daunted by the prospect of implementing business systems
to support the move to paperless order and invoice
processing.
nuBridges offers a hosted electronic
Order Management solution that can change the mindset of
even the most skeptical finance executive. Improve cash-flow
management. Eliminate duplicates and overpayments. Reduce
days sales outstanding (DSO). Improve compliance.
nuBridges Order Management Online
provides complete visibility throughout the transaction life
cycle. As one of our B2B ‘integration as a service’
solutions, Order Management is hosted and managed by
nuBridges, and is provided on-demand to you and your
partners. A self-service portal handles the invoicing
associated with POs. You can:
- Establish business rules to monitor the
invoicing process
- Set up alerts and notifications around business
events
- Sort and route invoices
- Generate standard and custom reports
- Audit and archive invoices and purchase orders
- Email notification of errors and events to you
and trading partners
- Connect via multiple secure protocols
- Easily on-board participants from small
companies to large enterprises –adoption is rapid
By streamlining the entire order
management process – from capturing purchase orders and
issuing invoices to collecting payments, nuBridges Order
Management Online provides significant benefits:
- Improve cash flow and lower days sales
outstanding (DSO)
- Avoid duplicate invoices and overpayments
- Eliminate manually reconciling invoices against
purchase orders
- Improve relationships with trading partners
- Eliminate costs associated with chasing-down
paper invoices and the physical storage of paper
documents
- Comply with security and audit requirements
- Protect invoice and payment information from
unauthorized individuals
- Remove latency in invoice and payment
processing
nuBridges understands how to run successful
managed services operations (we process billions of dollars
in EDI managed service transactions every year), how to make
secure B2B Internet connections for digital information
exchange, and how to give you visibility into the
information you need for management and auditing purposes.
Contact nuBridges to
learn more – we’d be delighted to answer your questions
and show you the capabilities of nuBridges Order Management
Online.
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