Enabling Invoice and Payment Collaboration: Easily Implement Functionality to Support Customers' Online Invoicing Initiatives
With Ariba's invoice and payment solutions, you can submit invoices to your customers via an easy-to-use system. You gain collaborative presentment, validation, and payment remittance advice that streamlines communication with your Ariba customers. The result is a far more efficient, automated, and collaborative invoice and payment process. At the same time, you gain real-time visibility across the entire invoice-to-payment process. Now you can see trends (such as invoice rejection rates), view approvals and payments at a glance, monitor pending invoices and payments, and see rejected invoices that you need to take action on.
Ariba makes it quick and easy to implement these solutions so you can support your customers' online invoicing initiatives and become their preferred supplier. In most cases, you can be up and running in just hours. Once you demonstrate competency in the automated online invoicing collaboration process, you can access value-added services available through the Ariba® ReadyTM and FastTrack Invoice programs.
Highlighted Functions
Ariba's invoice and payment solutions deliver sophisticated functionality that enables you to:
- Submit invoices in various formats: Ariba gives you the flexibility to submit invoices using a Web portal or by integrating directly to your backend system.
- Access a consolidated invoice and payment dashboard: Our online invoicing dashboard centralizes all documents and communications between you and your customers. Now you can see trends, such as higher rejection rates for orders; view approvals, payments, and rejected orders at a glance; and see all tasks that require action in one central location.
- Receive instant notification of problems for faster resolution: Now you can see in real time which invoices did not comply with customers' validation rules and need to be resubmitted. Because you have greater - and earlier - visibility, you can resolve problems before they impact your cash flow.
- Manage by exception: Using the Ariba Supplier Network to proactively flag problems or exceptions, you can quickly zero in on issues and resolve them swiftly. For example, you can instantly see why an invoice has been rejected and take action immediately.
- Gain global compliance: Ariba invoice and payment solutions support multiple languages, 66 currencies, and local tax laws so you can collaborate with a broad set of customers.
- Easily integrate with your existing systems and processes: Get up and running in hours by publishing your existing invoicing process and integrating your billing and accounting systems with customer systems through the Ariba Supplier Network.
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