Using the rules and tools of electronic invoicing, your accounts payable team can quickly return invoices with missing or erroneous information to the supplier for correction. ![]() Using these tools, you can accelerate supplier participation rates (in-house ACH programs often struggle with onboarding suppliers), increase accounts payable productivity and capability, and reduce fraud cases and late-payment fees.Ĭombining SAP Ariba Invoice Management with SAP Pay delivers a one-two punch to inefficiency and waste in accounts payable. The capabilities in SAP Pay can completely automate your payment processes, including electronic payments, detailed remittance statements, a supplier portal, and supplier bank-routing information verification. After an invoice is reconciled, payment is scheduled through a payment request. SAP Ariba invoicing, payment, financing, and discount solutions support a general, overarching process for accounts payable. For suppliers, having SAP Pay integrated Receipt and with the Ariba Network provides updated information on the status of payments and allows them to update their account details directly. SAP Pay leverages the power of the Ariba Network to extend back-office systems to transmit ACH payments to suppliers. ![]() This is because suppliers can’t check on pending payments or receive status updates about the payment process and thus begin calling for updates. ![]() Traditionally, paying suppliers has been challenging to automate. After you process an invoice, the next step is payment.
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