PayStream Advisors have come up with a report on achieving greater visibility, lowering costs and losing fewer invoices.In this report, PayStream Advisors describes how more than 200 U.S.-based enterprises are maximizing their e-invoicing and working capital solutions.
Not surprisingly, the vast majority of survey respondents reported that they’re moving from paper-pushing to e-invoicing. As a result, they’re achieving significant benefits, including:
- Payment cycles reduced to five days, from 23
- A 39 percent increase in on-time payments
- A 63 percent reduction in lost paper invoices
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Cláudia Wada on