Direct Commerce solutions give treasurers complete control and visibility, along with powerful ways to generate millions of dollars of direct savings each year.
Our payment remittance solution uploads payment information from your financial system or banking partner, to update the status of invoices online.
Electronic payments and remittances are superior to checks for both buyers and suppliers. Your suppliers get faster access to cash, while you eliminate paper, reduce manual processes and payment fees, and increase security.
One of the most transformative and rewarding aspects of source-to-pay (S2P) automation, early payment on approved supplier invoices is a win-win that results in faster payments for suppliers and higher returns for you.
Whether you choose dynamic discounting, bank-financed discounts, or both, the experts at Direct Commerce will help you design a program that ensures supplier buy-in, based on our proven track record of success.
Learn how to create new possibilities by perfecting your payment
If you get dynamic discounting right, you can save $13 million per $1 billion of spend. Apply these secrets for significant savings!
To be successful, you need to negotiate effectively, provide flexibility for suppliers, embed discounting into your culture, and monitor program success.