
SpeedM is an electronic invoice product developed for varied business domains, which enables to speed up the business process flow, strengthen the relationship between buyers and suppliers, provide Analytical reports and KPIs and integrate with ERP systems. Some of the core benefits of SpeedM implementation are outlined as follows:
- Buyers and suppliers (parties) communicate online
- Speeds up the invoice/bill workflow
- Resolves disputes quickly
- Ability to create and offer discounts online
- Ability to reconcile the invoice online
- Enables on-time payment via advance notification alerts to Buyers
- Escalates any issues pending in the business workflow
- Captures all the communications for future reference
- Provides MIS, Analytical reports and dynamic KPIs (Key Performance Indicators)
- Increases internal operational efficiencies
- Enables to integrate with payment getaway to make quick payments