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Business Value Business Case & Industry Data Points APXPRESS Features

BUSINESS VALUES

~60%  Reduction in
late payments

~70%  Productivity
improvement

Faster ROI

Avoid duplicate
payments

Eliminate
paper

Repurpose
headcount

BUSINESS CASE

  • Missing or misplacing invoices
  • Late payment to vendors
  • Extended month end process
  • Incurring late payment fees
  • Inaccurate cash flow

INDUSTRY DATA POINTS*

Cost of Invoice
Best in class $2.75
All others $14.25
Time to Process
Best in class 3.5 Days
All others 12 Days
Exception Rate
Best in class 11%
All others 19%
First Time Yield
Best in class 60%
All others 18%
Electronic Invoices
Best in class 52%
All others 19%
PO Based
Best in class 71%
All others 22%
* Source: From our customer survey.

Arista Presents Best in class Accounts Payable Solution

APXPRESS Features

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Automate Invoice Receiving
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3-Way Matching
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example-image
Flexible Approval Routing Process
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example-image
Track & Trace
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example-image
ERP Integration
Supplier Portal
Supplier Portal
Supplier Portal
 

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