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UpsideBilling
invoicing & billing
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Benefits
Typical organizations receive and send thousands of invoices / bills each month. By leveraging a flexible business rules engine,
UpsideBilling automates and streamlines the review and approval processes, ensuring that invoices and bills fall within contracted parameters, thereby reducing irregularities, errors, and costly oversights. UpsideBilling also offers a secure external vendor portal allowing suppliers to enter and submit invoices online, resulting in a faster turnaround time for invoice processing while reducing overall cost of ownership. Other benefits include:
- Reduces costs by streamlining Accounts Payable and / or Accounts Receivable processes.
- Maximizes visibility of billing exceptions and errors to allow for early, quick resolution.
- Maximizes value of contracts and agreements by ensuring appropriate and accurate billing.
- Dramatically reduces time and costs to review, approve, and pay (or issue) invoices.
- Reduction in effort required to manage billing disputes.
- Reduced costs (for suppliers and/or you) to print and send invoices.
- Full integration to UpsideContract, ensuring full contract governance including milestone, compliance and deliverables management. The integration also ensures that contract deliverables and details are matched so that thresholds, rebates, discounts and other elements are adhered to.
- An accurate and comprehensive audit trail is maintained within the system that ensures appropriate financial governance controls are being followed.
- Better resource utilization derived from analysis of billing data.
Contact us to learn more and
to arrange a demo of UpsideBilling.
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