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JP Morgan rolls out Order-to-Pay Rapid Deployment AP management platform

Thursday 14 January 2010 11:01 CET | News

The Treasury Services business of global financial services firm JP Morgan has launched Order-to-Pay Rapid Deployment, a new platform which features integration and configuration tools for the implementation of Accounts Payable (AP) Management solutions.

J.P. Morgan’s Order-to-Pay Rapid Deployment is targeted toward mid-size companies with limited technology resources in search of an AP automation solution and provides decreased AP processing costs and cycle times, the reduction of paper invoices and the ability to maximize early payment discount opportunities.

Order-to-Pay Rapid Deployment provides mid-size businesses with a range of AP automation options. Organizations can choose to begin with Total Settlement for payment automation that includes commercial card, ACH, wire transfer and cheques. Beyond payments, discounting capabilities are offered to optimize working capital or to complete invoice automation via paper and electronic invoice processing. Buyers have the option to select from a list of pre-tested packaged solutions that allow for business-specific, rule driven configuration.


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Keywords: JP Morgan, Order-to-Pay Rapid Deployment, accounts payable, AP, e-invoicing
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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