Power of PAYBOX®
Areva T&D signs contract for Direct Insite Corp. Accounts Payable Supplier Portal Services
Multi-Language Supplier Portal will provide Invoice/Payment Status Visibility and Inquiry Management
Direct Insite Corp., (OTC BB: DIRI.OB), announced today it has signed an Accounts Payable supplier portal agreement with Areva T&D. Areva's Transmission & Distribution division is an active global player that designs, manufactures and supplies a complete range of equipment, systems and services for all stages in the transfer of electricity, from the generator to the large end-user.
Direct Insite will provide Areva T&D its multi-language supplier portal and inquiry management service coupled with automated W9 attachment compliance and web based reporting. Areva T&D's twenty-one business units across Canada, Mexico, and the United States may access invoice/payment status information at any time within a user-friendly interactive web portal environment.
"Direct Insite's Accounts Payable service offerings will enhance our supplier relationships through self-service support tools while reducing cost and increasing business efficiencies," said Areva T&D US Chief Financial Officer, Andrew Lovelace.
Direct Insite Chairman and CEO James Cannavino stated, "Our Accounts Payable supplier portal and inquiry management capabilities provide Areva T&D the ability to dedicate resources on higher value tasks and growing their core business."
About Direct Insite
Direct Insite provides best practice financial supply chain automation and workflow efficiencies for Procure-to-Pay and Order-to-Cash processing. The Company's global eInvoice Management services automate complex manual business processes such as invoice validation, order matching, consolidation, dispute handling, and e-payment processing. Direct Insite solutions are used by more than 7,000 corporations across 62 countries, 15 languages and multiple currencies. Direct Insite was selected by Deloitte and Touche as one of the '500 Fastest-Growing Technology Companies' in the United States and Canada. For more information, call 954-510-3750, or visit www.directinsite.com.
Direct Insite Corp.
Michael Beecher, 954-510-3750
Chief Financial Officer