See the big picture and identify trends before they become problems.
REAL TIME VISIBILITY
Delivers spend visibility from start to finish. Get real time status updates.
AUTOMATED ACCOUNT CODE ASSIGMENT
Reduce repetitive work with data entry automation.
LINK INVOICE IMAGES TO DATA
Make the auditing and approval of invoices a flash by quick viewing the actual invoice images.
Multi-level approval workflows with email reminders will help keep you on track.
BUSINESS PAYMENT NETWORK
With over 330,000 members - our payment network can transition you from paper to electronic payments.
Sample Transaction Distribution File
368036 00000000000000000000000000000000000097000000000000000120000000360836000000000000000+ 1111+00000000000000000+3235239
1) Voucher Number
3) Amount Due
4) Payment Term - 30 days
5) Invoice Number
6) Invoice Date
7) Cost Center or Business Unit
8) Due Date
Sample AP Transaction File
3235239 368036 36036000000368036000000009000000000 000000000000000000000000000000000000000002015102220151022
12111+ 121111+0030+20151121000 +0000000000000+0000000000000000009942000000000000000000000W12
Daily, Monthly, Annual Invoice Processing Costs. Do you know your costs?
PayFileIQ can help you save time and money, lots of time and money. As the graphic to the left explains, legacy processing of invoices can run up your company costs by close to $900,000. Enter your email address below to get our free pdf.
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