Often corporates, agencies and institutions have common issues when managing bills from suppliers
Over charges and data discrepancies
Incorrect rates applied
Additional fees and service changes
Service not requested
Audit compliance gaps
Exchange rate errors
Infoactiv can help you save on supplier bills.
Despite current day ERP systems and finance processes, companies are still paying more than they should, and the supplier invoice management process remains a management challenge.
Current systems and procedures in business do not always capture the error rate and discrepancies that occur within billing. Infoactiv provides a service that ensures you are paying your suppliers the right fees and validating or flagging what it should be. It’s like providing a second pair of eyes and ensuring your bottom line is correct. We don’t do this often enough in business because we don’t have the time.
Our experience shows the devil is in the detail of an invoice and the processes used to engage suppliers.
You can now ensure that you have appropriate audit trails across the company to accurately detect and recover significant funds.
If you are using multiple service providers, contractors, shipping agents and international premium services, it is likely there are unlocked direct savings right across your company.
The Benefits of our Solution
Direct cost savings through credit management process
Reduce internal administrative resources and costs
Focus on core business armed with information to better manage operations
Automation and Online Portals with dashboards, KPIs and custom reports
Enhance visibility, reporting and benchmarking
Specialist team at Infoactiv managing this function for you