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Direct Insite extends deal with IBM

Friday 3 January 2014 00:46 CET | News

Direct Insite, a US provider of cloud-based e-invoicing services for accounts payable, accounts receivable and payments automation, has signed a three-year extension to its existing global services contract with International Business Machines (IBM), effective January 1, 2014. IBM has also signed a one-year extension with Direct Insite for Customer Presentable Invoices, also effective January 1, 2014.

IBM is set to continue to deploy Direct Insites Invoices On-Line e-invoicing platform, which provides capabilities for generating electronic invoices, including web-based line-item detail presentment and summary cost data; disputing an invoice line-item or an entire invoice via a self-service web portal; and attaching collateral information associated with an invoice.

Direct Insite delivers cloud-based e-invoicing solutions for accounts payable, accounts receivable and payments automation. Direct Insites Invoices On-Line suite enhances AP and AR processes such as: electronic invoice distribution and submission; purchase order submission, distribution and acknowledgment, invoice processing and validation, line-item matching, approval routing, invoice consolidation, dispute management, e-payment processing, and reporting and analysis.

In recent news, Direct Insite has appointed Lowell Rush as Chief Financial Officer.


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Keywords: Direct Insite, IBM, accounts payable, accounts receivable, payments automation, customer presentable invoices, Invoices On-Line, e-invoicing platform
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech