Invapay partners with IAPP-UK  "We are delighted to be partnering with IAPP-UK," said Invapay CEO Sid Vasili. "In these times of immense change, we are seeing a focus toward aligning accounts payable and procurement to deliver strategic and effective processes to optimise cash management. Being a member of the IAPP-UK community is very important to Invapay. Our strategic goal is to assist both corporate and public sector organisations in reaching their alignment goals in a seamless and effortless manner." To read the full story IAPP-UK Partnership

Invapay is a trading and payment system that allows businesses to order from and pay any vendor.

Invapay provides:

• A simple way to trade without setting up a 'long tail' of one-off 
  ad-hoc vendors
• Improved visibility and control of spend, whilst reducing
  procurement costs
• Full access to Level 3 Line Item Detail
• An easy mechanism to drive purchase order compliance
• An opportunity to make maximum use of credit lines and
  improve liquidity

How does it work?

Invapay acts as a simple but data-rich intermediary - accepting buyer orders and payments (of all types) on behalf of vendors, and automatically transferring funds to the vendor’s bank account within five days from invoice submission (subject to terms established with the buyer).
Find out more here
 

What’s the benefit?

For the buyer, the cost of setting up and managing large numbers of one-time-only ad hoc vendors is reduced to setting up just one master vendor: Invapay. Yet, full line item detail for every vendor transaction is provided. (All the data, without the hassle). And Invapay frees up underutilised P-Card credit lines – improving liquidity.

For the vendor, Invapay delivers the buyers electronic purchase orders and manages the payment processes on the vendor’s behalf, including card payments, making it much easier to deal with corporate customers. No ‘having to be set up on the system’, no chasing invoices, and automatic compliance with your customer’s accounting needs.

To learn more about the benefits Invapay can bring to your organisation, call us on 0207 868 1667 or email: enquiries@invapay.com