Xign Updates Flagship e-Invoicing Solution

Release 8.0 aims to expand reach of accounts payable automation and working capital initiatives

  • Legacy Invoice Capture. Any invoice posted to a company's enterprise resource planning (ERP) or financial system of record may now be captured within Xign, regardless of method of receipt. These invoices may be bulk-loaded into the Xign network from the ERP system or captured manually through invoice entry screens.

  • Supplier Visibility. Once captured by Xign, suppliers have 24x7 visibility to these invoices through the Xign supplier portal.

  • Advanced Discount Capture on Legacy Invoices. Buying organizations have the opportunity to monetize early pay discounts on electronic data interchange (EDI), paper and imaged invoices using Xign's discount capture tools and best practices. Discounts may be captured automatically from suppliers with discount terms or dynamically from suppliers wishing to accelerate payments on approved invoices.

Additional Articles of Interest

current state of the payment solutions market The Analyst Corner: Payment Supply & Demand Chain Executive

end-to-end purchase-to-pay process The Analyst Corner: Payment Supply & Demand Chain Executive

convergence of the financial and physical supply chains Enabling the Financial Supply and Demand Chain Supply & Demand Chain Executive