Improving Supply Chain Visibility Benefits Both Buyers and Suppliers

In today's dynamic global landscape, many businesses grapple with fragmented processes, unexpected delays, and a lack of real-time insights that can hinder growth and impact their   bottom line.

Our latest article, "Improving Supply Chain Visibility Benefits Both Buyers and Suppliers," reveals how embracing digital open account solutions can transform these challenges into opportunities.  

Key Highlights:

• Purchase Order Integration: The platform automates the creation and validation of digital purchase orders (POs), ensuring that suppliers have access to necessary funding earlier in the process.
• Logistics and Shipment Visibility: Through digitalized integration with shipping providers, digital open account tracks goods in transit, collecting real-time data on shipments to ensure timely delivery and accurate documentation.
• Automated Matching and Validation: A three-way or n-way digital match – between POs, invoices, and shipping documents eliminates errors and reduces payment delays.

Download the "Improving Supply Chain Visibility Benefits Both Buyers and Suppliers" PDF.