In the short time since the release of the first web browser in 1993, the Internet has evolved from a mere information dissemination vehicle into a robust transaction environment.

SPAN has extensive expertise of more than 1000 person months in the domains of EIPP (Electronic Invoice Presentment and Payment) and EBPP (Electronic Bill Presentment and Payment) and has emerged as a one stop solution provider for Fortune 100 clients and has proven to be a reliable and perpetual partner. We aim to reduce processing costs, automate approvals and streamline your systems to achieve rapid payback and instantaneous bottom line improvements.

The EIPP applications built and maintained by SPAN include features for Accounts Payable functionality and Accounts receivables. These applications also have features for EDI/XML interfaces for batch loads, Purchase Order processing and PO flip to Invoices, Rule based Invoice processing, multi-payment options, Invoice review, GL Coding, Invoice approval, Payment scheduling, Escalation engine and Delegation options.

The EBPP applications built and maintained by SPAN have features like One-Time Payment, Recurring Payment options, Scheduling Payments and also provide modules for Customer Service representatives and IVR. The Payment solutions include ACH, Credit Card, Debit Card, P-Card, and Check.

The EBPP and EIPP solutions are designed to:

  • Shorten transaction cycles and accelerate revenue cycles
  • Slash requisition to order time and invoice management cycle time
  • Improve cash flow management
  • Increase marketing opportunities
  • Improve productivity
  • Reduce direct costs (e.g. postage and printing)
  • Enhance customer service

Overview

  • Technology advances, regulatory changes and demographic shifts are reshaping the financial services landscape significantly. Financial institutions have begun to focus
    on Business Process improvement and IT capabilities. People, Applications and Infra-structure are playing a key role in aligning operational strategies of the business.

Sub-domain Focus