Perfect Commerce Enables Entirely Paperless Supplier Invoicing

  Perfect Commerce Enables Entirely Paperless Supplier Invoicing

   New Enhancement Helps Email Suppliers Automate Invoicing For First Time

Business Wire

NEWPORT NEWS, Va. -- February 26, 2013

Perfect  Commerce, LLC (—owner and operator of the industry’s
preferred global independent supplier network—today announced a product
enhancement release of Perfect Commerce’s FlexInvoice, an Open Supplier
Network application that now allows email suppliers to electronically convert
purchase orders into invoices with one simple click. Now, Perfect Commerce
customers can completely eliminate any paper processing from their
procure-to-pay process.

The new enhancements to Perfect Commerce’s FlexInvoice application enables
low-volume email suppliers, the last frontier for paper processing, to
immediately and electronically convert any purchase orders that have been
received into invoices. By fully automating this gap, Perfect Commerce is
reducing delays and potential keying errors that can happen when email
suppliers handle invoices.

“We’re excited to bring this unique and highly-valued functionality to the
market because of what it means for buyers and enterprises – they can finally
close the gap in automation with their low volume email suppliers,” said Jason
Vincelette, vice president of product management, Perfect Commerce. “This
represents a huge leap in supplier management automation, making even the
smallest and most infrequent of transactions fully auditable and removing
errors that can cost organizations so much time and expense.”

By working with customers, Perfect Commerce was able to identify this
opportunity and help solve this industry pain point to make indirect supply
management completely paperless and fully auditable for the first time.
Perfect is continually delivering ways to improve the buyer and supplier
experience, reduce risk and enhance the buyer/supplier relationship.

Added benefits include: suppliers quickly viewing whether or not a purchase
order has already been invoiced and the ability for suppliers to create
partial and credit invoices. This new feature improves the purchasing
experience of Perfect Commerce’s buyers, allowing buyers to receive an
electronic invoice in the Invoice Manager tool instead of receiving the
traditional paper invoice in the mail from low volume suppliers.

About Perfect Commerce:

Headquartered in Newport News, VA, Perfect is the world’s largest independent
provider of end-to-end spend management solutions. We have provided
world-class sourcing and procurement solutions for companies of all sizes
since our inception in 1998, and have continued to be one of the market’s
leading providers with industry-leading customers such as Starbucks, BNP
Paribas, Johnson Controls, Inc., YRC Worldwide and Honeywell, Inc.


Perfect  Commerce
Brittany Benson, 757-283-9741
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