Take the Guesswork Out of Cash Management

Friday, October 12, 2012

There are a lot of good reasons to deploy an e-invoicing platform.

But one of the most understated benefits provided by the technology is its ability to increase visibility into a company's liabilities and cash flow. Paper-based invoice processes make it nearly impossible for CFOs and Treasurers to get the information they need to effectively manage working capital:

  • Key information is not captured
  • Data is poorly organized
  • Information is not timely
  • Systems are not well-integrated
  • Decision-makers don't have access to critical variables

It's no wonder that most companies can't accurately forecast cash flows.


E-invoicing solutions like Direct Insite's PAYBOX® platform deliver real-time visibility, providing CFOs and Treasurers a more informed and efficient ability to manage working capital.

  • Interactive dashboard displaying real-time information on cash flow, accruals, and liabilities to suppliers
  • Visibility across business units through integration with any ERP system
  • Easy access to contractual terms and commitments
  • Real-time invoice tracking and detailed audit trails
  • Anytime, anywhere access to archived invoices and data by authorized individuals

With e-invoicing, CFOs and Treasurers see key information that is current, actionable, and transparent. This real-time visibility empowers CFOs and Treasurers to:

  • Accurately forecast cash flows
  • Make fluid decisions about keeping cash versus taking supplier discounts
  • Gain leverage in negotiations with suppliers
  • Identify opportunities to optimize p-card usage
  • More easily analyze spend patterns

This will be a focus in our booth (#744) at next week's AFP conference #afp2012 in Miami.

With Aberdeen Group reporting that best-in-class companies have an 87 percent rate of visibility into overall organizational cash flow on a day-to-day basis – versus a puny 20 percent for laggards – the visibility delivered by e-invoicing also offers companies a competitive advantage.

Not surprisingly, 78 percent of companies surveyed by Aberdeen Group identified 'improving visibility into cash flow/cash management' as being "top of mind" for financial management – far outpacing all other priorities.

Want to learn how e-invoicing can help improve your company's visibility into cash flow?

Call me or e-mail matthew.oakes@directinsite.com to arrange a private briefing.

Matthew Oakes is president and CEO of Direct Insite. Matthew can be reached at 631-873-2932.