Reduce the time, cost and effort associated with invoicing, even for customers without EDI capabilities
As a supplier, you work to make sure your provider customers have the products and services they need when they need them. But when it comes time to make payments, your customers struggle with inefficient, manual processes that are costly and labor-intensive on both sides. They miss out on early-pay discounts and rebates while your cash flow is hindered by margin-eroding fees and prolonged days sales outstanding (DSO). With existing payment solutions there is a trade-off between speed and efficiency versus cost.
With GHX eInvoicing you can transact up to 100% of your PO and non-PO invoices electronically, regardless of your customers’ digital capabilities. Digitize this process so you can eliminate paper, gain better visibility into the invoice-to-payment process, and expedite customer payments for lower DSO and quicker access to cash.
At the same time, you enhance your customer experience by streamlining their AP processes through digital transactions that deliver valuable data to their enterprise resource planning (ERP) systems for critical analyses, including daily cash forecasting.
Touchless Orders and eInvoicing Help to Serve Customers at the Highest Level
“When we went remote, we moved our customers to electronic invoicing and implemented ePay. More than 80% of our customers are now electronic...”
Sr. Accounting Administrator, AngioDynamics
Drive faster, more predictable payment schedules for an average DSO of 15 days or fewer
Reduce margin erosion payment fees
Streamline your AR processes by moving toward complete automation in your order-to-cash processes
Manage how payments are received, including early-pay discounts, using a provider preferred AP platform
Reduce fixed costs and be prepared for new growth opportunities