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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 lower invoice processing costs


Not Small Change: World-class Financial Automation Delivers Dramatic Benefits
Automating finance processes@such as closing the books, reporting, and other labor-intensive processes@reduces finance costs. By streamlining financial

lower invoice processing costs  revenue are 45 percent lower for top performers than for the peer group (see chart 1, The Difference Is Clear ). Companies can make their financial supply chains more competitive with the help of financial value chain (FVC) technology, which helps to electronically exchange payments, related documents and information between buyers and sellers, banks, carriers and other involved parties. This focus on the FVC comes after a decade of automation of organizations physical supply chains that has reduced

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Quote-to-Order (Q2O) Systems

Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming quoting and ordering processes, decrease unit costs, and lower sales costs. Q2O suites can further help enterprises increase sales effectiveness across all channels. These solutions help companies that sell complex products and services shift their focus to customer-facing sales and service issues. 

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Documents related to » lower invoice processing costs

E-Procurement Is Not Electronic Purchasing - Part II


Three minutes of labor from purchase requisition to invoice payment; fully executed due diligence; commitment authorization and no delays. That is the promise of e-procurement and the potential is there for the taking - but not without risk. Extensive preparation is necessary and full integration with related business processes is essential to realize the full value from an e-procurement investment.

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Ariba Smart Invoicing: Worth Checking Out


Sure, to most of us accounting sounds as exciting as watching paint dry, but no business can survive without properly managing its financial means. Especially in these days of scarce cash, processing invoices faster and more accurately by the accounts payable (A/P) or billing department is critical so that the accounts receivable (A/R) folks can get their cash faster. An efficient A/P function is

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Quick Response Manufacturing: ERP and Value Chain Acceleration


Whatever the reasons for pursuing a lead-time reduction strategy, time compression across all company processes is critical to growth, and in some cases means survival for today's manufacturers. Learn about the complementary nature of enterprise resource planning (ERP), value chain exceleration, and quick response manufacturing (QRM).

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The Pain and Gain of Integrated EDI Part One: The Pain of Integrated EDI


The real action is in merging the influx of electronically transmitted data with existing information already being processed within the ERP system, and the ensuing challenge is to make sense of this constant flood of information arriving daily in the form of EDI or XML messages.

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Web-Based Account Receivable Management Application for Electronic Invoice Payment Presentment (EIPP)


Adopting on-line payment systems can help businesses improve cash flow and save time and money. Inovium’s integrated, web-based account receivable management application for electronic invoice payment presentment is one such system.

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How to Exceed Customer Expectations While Reducing Costs: Exploring the Use of Proactive Notifications


Information and data are ever present. So how can you harvest this data to your advantage to provide exceptional customer service and beat the high expectations that are set as a result of our own consumer lives? Proactive notifications allow companies not only to have a competitive edge through better customer service, but also create greater efficiencies within their organization.

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Bluecross Blueshield Eliminates the Blues of Forms Processing


Bluecross Blueshield of South Carolina (BCBSSC) had been using optical character recognition (OCR) technology for many years, but wanted to improve productivity by automating its claims processing system from document and data capture to document storage. By integrating AnyDocCLAIM into its existing automated system, BCBSSC has increased its processing speed and averages more than 400 claims per hour.

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Optimizing The Supply Chain Network And Reducing Distribution Costs - An Andersen Point Of View


The objective of supply chain logistics - to provide goods to the right place at the right time in the right quantity - is easy to understand, but achieving this objective while minimizing costs is not an easy task.

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A Manufacturer’s Guide to Lowering Transportation Costs


Manufacturers already apply transportation management systems (TMSs) to outbound shipping, but they often overlook the money they could save by using a TMS to control inbound shipping costs as well. Find out how improved inbound transportation practices can help you predict true total delivered costs, get visibility on inbound shipments, enforce routing guides, optimize freight, and minimize accessorial charges.

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Fluid Routing Solutions Trims IT Costs, Improves Quality and Supply Chain Management


When it was purchased by a private equity firm, Fluid Routing Solutions faced a unique set of business challenges, including having to migrate its entire infrastructure and application environment away from a legacy system very quickly. So the manufacturer needed to select and launch its own enterprise resource planning (ERP) solution. Learn why the organization opted for a cloud-based system.

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