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متابعة

Will E-Invoicing and Direct debit payment increase Accounts payable efficiency ?

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تم إضافة السؤال من قبل Imran Khan , Team Lead- Finance and Accounting , capgemini
تاريخ النشر: 2013/05/03
Mukhtiar Mallah
من قبل Mukhtiar Mallah , Unit Head CPU Trade Import , United Bank Limited

No, basically by E-Invoicing and direct debiting Payments, your efficiency to Hold Payments upto last day reduces, which effects on your overall balances.

Hameed Owoyemi
من قبل Hameed Owoyemi , Financial Accountant , Havilah Merchants Nigeria Limited

E-invoicing and direct debit with adequate controls in place will increase account payable efficiency

Faiyaz Mohammad
من قبل Faiyaz Mohammad , Manager Finance And Accounts , Macquarie Global Service

Definitely E-Invoicing and direct debit payment will increase the efficiency of AP majorly in terms of TAT of manual process of invoicing and payment.
However, it will require great controll system to have a error free smooth process.