Today's accounts payable professionals spend much of their day handling paper, resolving vendor disputes and attempting to keep up with phone calls and other arduous tasks in the effort to move invoices from their "In" box to their "Out" box. Though distinct elements of automation have been introduced in the last few years, most AP operations continue to struggle with inefficiencies and cost overruns that undermine their value in a high-performing finance organization.
The good news is that today's economic and regulatory pressures are elevating the importance of accounts payable as a means to monitor and control corporate spending. By streamlining the full Purchase-to-Pay business process, from online procurement, to invoice receipt and processing, all the way through to invoice approval and payment, organizations can more realistically manage costs, address compliance concerns and improve vendor relationships.
Bottomline's Sprinter platform, a modular solution suite complemented by advanced invoice capture and imaging services, has been designed to meet this need and help organizations of all sizes configure the best possible AP automation solution. Comprised of Bottomline Sprinter® Purchasing Manager, Sprinter® Invoice Manager, and the Sprinter® Supplier Portal, these highly configurable applications integrate with each other, and with Bottomline's market-leading payment solutions, to enable true, straight-through processing of corporate payables.
Based on nearly 20 years of industry experience, and more than 100 successful global implementations, the Sprinter platform represents an easy to implement, easy to adopt solution for:
- Increasing process efficiencies and reducing administrative costs associated with invoice processing
- Ensuring financial compliance controls for AP are understood and enforced across the enterprise
- Improving visibility and reporting of cash flow for improved working capital management
- Accessing early settlement discounts and avoiding late payment penalties.