The figures are staggering. Studies show that the cost to process a single invoice can range from $20 to as much as $100. When you consider the number of invoices your company handles, this can really add-up. With the Spendworks ePayables system, companies can reduce these costs by as much as 70%.

Spendworks, gives your company the tools it needs to work smart. The system transforms the paper-based invoice process into one that is fast, efficient, and electronic.

Spendworks significantly reduces the time it takes to manage the invoice process from receipt all the way to approval. In a recent study a company tracked the steps it took to purchase and pay for a piece of equipment. They discovered that their process took over 60 steps and required cooperation and input from personnel in several departments and office locations. Spendworks streamlines the entire invoice process, enabling companies to reduce process steps and associated costs as much as 70%.

Spendworks also frees-up the time of busy accountants and procurement professionals so they can focus on higher-value tasks instead of mailing, faxing and tracking down invoices and field tickets.

Spendworks customers process their invoices quickly. This means that they can take more early pay discounts than ever before. Our clients saved millions of dollars last year in early pay discounts, in total. In fact, one client reported that they saved enough money in early pay discounts, alone, to pay for their Spendworks system usage.

We understand that a company's financial operations can be complex. With distributed offices located far from headquarters, it can be a challenge for companies to get the right information to the right people at the right time. As a result, critical business decisions are delayed or put on hold.

With Spendworks, supplier invoices arrive in real-time so companies understand their operational costs and obligations as quickly as possible. And since Transzap is a software as a service (SaaS), authorized managers and accountants can easily access information, day or night, in order to make critical decisions and respond to business conditions fast.

Spendworks customers have reported increased efficiency and dramatically lowered costs.

Click here for more information on how you can improve your invoicing process with Spendworks, or email us at info@transzap.com.