Citing a recent study by Ardent partners, the company said that nearly half of all invoices are sent manually on paper. The study revealed that digitisation of this process ranks as one of the top priorities among AP departments. However, the new seller engagement platform is designed to build digital collaboration between suppliers and buyers.
With the current social distance measures making paper invoice processing unworkable, many businesses are now looking to accelerate digitisation projects. Furthermore, delivered to sellers as a cloud and mobile app solution, Engage offers sellers data-driven insights based on their relationship with the buyer by providing real-time visibility into transactions and the ability to finance payables on-the-go, according to the official press release.
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