INVOICES 5-5

Can your company afford the traditional, manual handling of supplier invoices? It is a slow, costly process. With the tools and systems for electronic invoice processing available on the market today, you can lower the costs by 30% or more.

Several independent studies have shown that the cost of processing an invoice manually is between $20 and $60, and that by implementing electronic invoice processing, potential savings of 25 to 50 percent can be realized. This translates to annual savings of $100,000 or more when processing volumes of approximately 20,000 incoming invoices per year.