While some companies see mandates as a hindrance, the standardization required creates an ideal environment for cash flow optimizations. Invoiceware International is the only compliance solution that helps companies optimize cash flow processes by offering a supply chain finance platform.
Invoices have to be made available to the buyer to verify even before shipments arrive in many countries, making Latin America an opportune target for process automation and supply chain financing. The majority of invoices can be cleared for immediate payment without the need for manual intervention, often as soon as goods arrive. The benefit to the buyer is reduced operational costs for both accounts payable and inbound logistics while the supplier benefits from payment transparency and longer financing windows to finance their receivables.
Invoiceware is the first Latin American financial compliance platform to proactively combine government regulations and the power of the cloud to deliver value-added opportunities to both suppliers and buyers across the region. Invoiceware’s supply chain financing solution lowers the cost of payment processing for buyers while providing suppliers greater access to liquidity.
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“…By transitioning to the Invoiceware solution, Philips lowered annual maintenance fees by 80%... and achieved a 25% increase in productivity among employees across all the business units of the Brazilian multinational…”
Alexandre Quinze, CIO Philips Latin America