"World's Largest Restaurant Company Selects iPayables for Invoice Automation"

Dec. 8, 2010 - PRLog -- The world's largest restaurant company has selected iPayables InvoiceWorks, the 'most effective’ e-invoicing and payables automation solution to handle invoice automation.  Utilizing iPayables advanced invoice capture, robust workflow and effective supplier services the company looks forward to increasing Accounts Payable efficiency and capturing a broad array of early pay discounts.  It is expected to save over $3 million in the next 3 years.

Ken Virgin, CEO of iPayables, commented, “Too many service providers are charging suppliers.  If the customer can save $3.50 by going electronic, but then their automation provider charges the supplier $2.00 in addition to the customer fees, the solution moves from a win-win to a win-lose.  There are no savings, just a switch of who’s paying.  It has a huge impact on the effectiveness of your e-invoicing solution.  That’s why iPayables charges no supplier fees."

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iPayables, the most effective provider of advanced electronic invoice, approval workflow, and payment solutions, has over 800 customers, 113,000 suppliers and 57,000 active users processing invoices via InvoiceWorks worldwide. With a focus on strong user support capabilities and supplier adoption assistance and with a commitment to ‘No Supplier Fees’, iPayables customers enjoy high supplier adoption rates and successful electronic invoice implementations. Their broad service offering is used by more than 100,000 companies in over 150 countries, including over half of the Fortune 100. They power the world’s largest electronic invoice industry-specific network. For more information about iPayables log onto http://www.ipayables.com