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Web Invoicing & Payments
Web Invoicing & Payments

According to Gartner, a consulting firm, the average biller can save at least $5.7 million annually by sending Web-based invoices to corporate customers. So why has there been not enough adoption of EIPP in the B-to-B segment of the industry? The crux of the issue is in the ability to sign up customers to the web platform in sufficient numbers to justify the investment.

Technology, Process and People

A software or web based solution is not enough, what is needed is an active services arm, which will initiate and maintain the web process. An easy to use and simplified process, which the customer can use and integrate with his needs. Capgent platform offers an easy to use and flexible web based environment for web invoicing and payment.

Capgent supplements its leading software platform with services to ensure the signup and continued use of the web platform by customers across disparate size and needs. Capgent's unique EIPP process ensure rapid adoption and high usage of the EIPP platform.

Customized design, Flexible Delivery

Users can customize the invoice format using an easy to use wizard driven drag and drop interface using only a web browser. Platform users can choose the form of delivery of Invoices. The delivery can be an electronic push or pull. Subscribers can choose to view and download invoices over e-mail, the web or a file transfer. Customers can view or download invoices using a variety of formats such as PDF, HTML, Text. Custom adapters for ERP applications such as SAP, PeopleSoft, Oracle, Great Plains and others are available.
 
.
Current cost of Invoice Management
Impact on cash due to
CAPGENT Invoice Management
Average reduction in DSO days
Current Average Receivables
Current DSO
Reduce DSO by
Future Average Receivables
Addition to cash for Investment / Lower Borrowing
.
$167,000,000
60
15
$125,250,000
$41,750,000
Average reduction in Bad Debts
Current Average
Bad Debts
.
Reduction in
Bad Debts by
Future Average
Bad Debts
Bad Debts Saving
.
$20,000,000
.
$5,000,000
$15,000,000
$5,000,000
Average reduction in Exceptions management costs
Current value of
Exception Invoices
.
Savings Rate
.
Amount added to Working Capital
.
$75,000,000
.
50%
.
$37,500,000
IMPACT ON CASH :
$84,250,000
Assumption : Company with small, medium, and large corporate customers with a revenue of $1 billion
 
More features of EIPP:
    Pro-Active Exception Management
    Web payments and Notifications
    Rules based process for quality control
    Modular adoption of platform by users from paper to partially web to seamless straight through
       processing
    No software needed by you and your customers and vendors to start reaping the benefits of EIPP
    Customers using the Capgent EIPP platform benefit from lower transaction costs, lower DSO,
       reduced rates of disputes, lower dispute management costs and strengthened customer relationships
               
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