Vendor invoice management can be a major challenge for any large, complex organization. Disparate financial operations, combined with manual processes, frequently lead to vendor disputes, resulting in late fees, straining the relationships of even the most essential vendor partners. Lack of insight into total vendor spend further weakens contract negotiations and confidence in the process. Furthermore, the inability to verify the accuracy of services delivered and to allocate costs appropriately costs multinational organizations millions of dollars annually.
Fortunately, there are proven ways your company can strategically improve its global vendor invoicemanagement. With the right approach, you can access the intelligence and visibility required to make transformational decisions and make your company’s vendors into the contributing business partners you expect them to be.
Download this white paper and learn how to:
- Establish Invoice and Payments Flow
- Assure Invoice Accuracy
- Deal with Inquiries and Disputes
- Gain Visibility into Invoicing and Reporting
- Turn Vendors into Partners