Connect Suppliers You Are @ Home/ Services/ Connect Suppliers InfoAccess.net can coordinate and implement a “Supplier Initiative” that integrates all of your suppliers using your e-business requirements. Once implemented, all of your suppliers will conduct timely and accurate e-business transactions with your company using your preferred communication method and data format. SUPPLIER INITIATIVE BENEFITS Reduces Overall Order Processing Costs AMR Research recently estimated the cost per procurement transaction for non-production supplies and services ranges from $75 to $175. In a similar study for the Consumer Packaged Goods (CPG) industry, the cost of processing non-electronic business documents, such as purchase orders, was estimated to be $28 per document. InfoAccess.net can cut costs by eliminating many paper-based processes and reducing time-consuming invoice errors that need reconciliation. Reduces the Need to Purchase, Implement and Support Application Software InfoAccess.net’s Supplier 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 Suppliers 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, even those that are not technologically sophisticated Provides Immediate Payback Without large upfront 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 are also quicker because, our solution does not require changes to the supplier’s existing systems. Finally, using InfoAccess.net reduces implementation risks because we already conduct e-business with most 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. Back To Top