Value
Efficiency and Visibility
Buyers and suppliers experience value throughout the payables and receivables process with Syncada. Converting invoices and supporting trade documents from paper to electronic eliminates the expense and makes data from throughout the supply chain immediately available for audits and payment – as well as supply chain design decisions.
Financial Control and Cash Management
Visibility equals control. Not only does Syncada ensure accurate payments to the right suppliers for the correct amounts, it reduces billing and payment errors and virtually eliminates missed, late, or duplicate payments.
Finance professionals gain visibility to cash management needs across the company and across currencies, as well as access to trade financing through a global network of financial institutions.
Because Syncada is available only through financial institutions, commercial and government organizations can be assured that their payables and receivables processes adhere to the highest possible regulatory and internal policy controls.
Cost Savings
Efficiency, visibility, control–it all adds up to unparalleled savings results. Removing paper, managing cash and credit, and exceptional visibility to supply chain data and expenses offer cost-saving opportunities at every level.