Reduced time, effort and cost in collecting debts from overseas agents & offices in a timely manner
Lower cost of making international payments
Certainty as to when you will be paid – and so when you in turn can pay your Trading Partners – leading to lower financing costs and simplified payment procedures
Reduced administrative effort in managing Accounts Receivable and Accounts Payable, including the posting of accounting and banking entries
Less time spent on querying invoices and dispute resolution – correspondence, copy documents, delays, excuses…
Less time spent on Inter Company /Intra Group quarter end reconciling and reporting