Faster collections. Reduced processing costs.

Retailers are increasingly moving to automated processes in order to cope with the volumes that move into the receiving areas of the stores. Delivery drivers are returning to the supplier with paperwork.

Corporate retailer
Accounts Payable management is performed from data collected at the receiving points and thus the data becomes the "gospel truth" of the transactional lifecycle.
Manufacturing and Seller
organisations are increasingly feeling the "drowning" effects of the sheer volume of transactional documentation from the formal retailers.
Traditionally, supplier organisations are attempting to manage transactions through recapture of the paperwork, resulting in long lead times, human error and missed query windows.
This is imposing cost for both buyer and seller:
  • Lost sales opportunities.
  • Reduced collections within term.
  • Increased requirement for administrative headcount.

The knock-on effect
of each stage of a process must be understood and critically managed, to ensure clean processing by the buying party and provide visibility of the transaction for the seller party.
In order to combat the "drowning" syndrome and effectively manage
high volume transaction business
, it is imperative that transactions are micro-managed with the level of automation that will identify exceptions at each stage in the process.