As a result, the enhanced service is set to include new options, such as the Auto-Configuration E-File capability, which is designed for small and medium size (SME) suppliers, enabling them to load invoice files directly from their current billing system.
Moreover, the Order-to-Pay offering is expected to include a free Invoice Web Form to enable infrequent use suppliers to electronically submit non-purchase order invoices without setting up an Order-to-Pay account.
JP Morgan’s Order-to-Pay service enables suppliers to electronically receive purchase orders, submit and track invoices, as well as receive remittance information.
In recent news , Pakistan-based financial institution Bank Alfalah has entered a deal with JP Morgan to integrate the latter’s treasury and cash management product suite.
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