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InfoAccess.net can coordinate and implement a “Customer Initiative” that integrates your business with the varied e-business requirements of your customer base. Once implemented, your business receives all of your customer orders via the single communication method and data format that you specify. Your invoices are then sent to InfoAccess.net where they are converted to your customer’s desired data format and sent to them via their desired method of communication. InfoAccess.net also has experience processing ASNs, Order Acknowledgements, 210, etc.
CUSTOMER INITIATIVE BENEFITS
Eliminates Non-Compliance Charges
As an “incentive” to conduct e-business, many large Food and Consumer Packaged Goods (CPG) companies charge their suppliers a “non-compliance fee” for every invoice that does not comply with their desired electronic format. Major retailers and distributors can charge as much as $150 to process a fax, paper, or otherwise non-compliant invoice. Using InfoAccess.net can eliminate these non-compliance charges, saving suppliers thousands of dollars every month.
Reduces the Need to Purchase, Implement and Support Application Software
InfoAccess.net’s Customer Initiative reduces the need for large capital expenditures on costly application software. The resources that would normally be required to implement and support the application software become available to other areas of your business.
Enables 100% E-Business with all Customers
Within the CPG industry only 30% of B2B transactions are electronic. The opportunity exists for companies to become 100% eB2B with all of their trading partners.
Provides Immediate Payback
Without large up-front costs for software licenses and implementation resources, InfoAccess.net can reduce order processing costs immediately and begin providing immediate payback.
Reduces Implementation Time & Risk
Our service is proven and can typically be implemented 12-18 months sooner than building and testing an in-house solution. We’re also quicker because, our solution does not require changes to your existing systems. Finally using InfoAccess.net reduces implementation risks because we already conduct e-business with many most distributors and retailers in the CPG industry, and many major manufacturers across multiple industries.
Reduces Accounts Payable Overhead
Many Accounts Payable departments are forced to spend time addressing and resolving invoice discrepancies. In other words, you are paying your employees to handle your supplies' inefficiencies. With InfoAccess.net, invoices can be automatically matched, checked for accuracy, and then reconciled with their corresponding purchase order before the information is electronically sent to you. This can significantly reduce accounts payable overhead costs.
Provides Value-Added Sales & Order Analysis
A beneficial by-product of utilizing InfoAccess.net for a Supplier Initiative is the creation of consolidated order analysis for your business. Our online analysis tool can give you the capability to evaluate suppliers on a number of variables so that you can make better buying decisions. By storing order information during processing, we create a data warehouse that is available for customized reporting and flexible order data analysis. The value of this information alone can outweigh the cost of the service.
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