Accounts Payable Automation ( APA) is concerned with removing as many of the manual processes traditionally associated with financial transactions and documentation as possible and replacing them with a faster and a more efficient Straight Through Process (STP).
STP allows for greater efficiencies, faster turnaround times, lower processing costs and enables companies to begin taking advantage of better supplier terms.
Taking invoice management to the next level is SWIFT e-Invoicing - the next generation in supply
chain automation. It offers you and your trading
partners new levels of security, reliability and
accessibility.
SWIFT e-Invoicing allows you to send or receive an
e-Invoice through one simple address. Importantly,
even if your trading partners are not with the same
service provider, you can still send or receive
e-Invoices as long as they use a service provider or
Bank with SWIFT connectivity.