TermSync’s automated invoice delivery solution powered by Esker allows companies to completely automate the archiving and sending of invoices in the formats your customers prefer. By eliminating the time and investment involved with manual production and distribution of paper invoices, companies can boost customer satisfaction, lower DSO as much as seven days and save up to 80% on invoice processing costs.
Benefits of E-Invoicing
Increased Business Process Efficiency
- Reduce document handling time up to 96%
- Cut the cost of sending billing documents up to 80%
- Reduced DSO by as much as 7 days
- Prevent lost invoices and related documents
- Adhere to 100% e-invoice regulatory compliance
- Place paper invoices in postal stream in less than 24 hours
- Real-time tracking and reporting
- Immediate dispute resolution
Improved Access and Response
- Billing documents readily available
- Faster dispute resolution
- Improved process control for quicker collections
Making the Move from Manual to E-Invoicing
The transition to automated invoice delivery doesn’t have to be a rocky one. Using a simple, 3-step process, companies are able to benefit from e-invoicing immediately while their customers can adapt at their own pace.
Mail: Automate on the company’s end while continuing to deliver invoices by mail to customers. Mail + electronic invoices: Allows companies to offer customers the ability to receive invoices electronically via a convenient, self-managed portal. Electronic invoicing: Deliver 100% of the company’s invoices to customers electronically, and easily activate e-invoicing for any customer in just a few clicks.
How the E-Invoice Delivery Solution Works
Featuring end-to-end automation functionality, TermSync’s Esker-powered solution streamlines every aspect of invoice delivery — from the time a customer invoice is sent to the time it’s archived.
Key Solution Features
Worldwide network of mail production facilities
Companies can mail documents directly from any ERP or business application for worldwide delivery to postal services in less than 24 hours of creation. Documents are automatically routed to one of Esker’s seven production facilities for processing and delivery. As part of a network of secure data facilities, each production facility provides 24/7 year-round service and least-cost routing for worldwide mailing.
One integrated cloud-based platform
TermSync’s automated invoice delivery solution is implemented as a service through the Esker on Demand platform. All of the functionality is built into a single platform, and easily integrated within existing ERP/business application environments, making interfacing and support minimal.
Support for worldwide e-invoice compliance
With a variety of technological approaches to support e-invoice legitimacy — e-signatures, EDI, BCAT and more — companies can easily navigate the complex universe of e-invoice regulations. Esker processes e-invoices in compliance with all international regulations, and its partnership with TrustWeaver promotes regulatory compliance in 40+ countries.
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