Under the terms of the agreement, Direct Insite is set to integrate its Invoices Online (IOL) service into INTTRA’s IT infrastructure in order to automate its manual billing processes. IOL will also performs automatic reconciliation for INTTRA’s electronic bookings, shipping instructions and shipping orders in order to issue electronic invoices for the e-commerce platform’s carrier customers.
Direct Insite provides electronic invoice management services such as invoice validation, order matching, dispute handling, and e-payment for over 7,000 corporations across 62 countries. INTTRA processes over 175,000 weekly electronic container orders between shippers, forwarders and carriers via its ocean industry e-commerce platform.
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