Invoice Consolidation
The Agistix Invoice Consolidation service is the ideal companion component for Agistix Heavy Freight and Small Package services. This robust shipping invoice consolidation application virtually eliminates accounts payable paperwork, providing a single, electronic invoice each week that details every shipment by vendor, date, cost, and originator. Because it its freight invoice software creates an instant, secure online record, the Agistix Invoice Consolidation service mitigates fraud while enabling document retrieval and detailed reporting to comply with even the most complex governmental regulations.
Sign up for our Invoice Consolidation service, and whether you work with one shipper or 50, you'll receive just one electronic shipping invoice per week - a sure way to reduce paperwork and save time and money on accounts payable processing. Each weekly shipping invoice lists every transaction by vendor, cost center, invoice number and date, service level, weight, and cost. Accounts payable personnel can then print, fax and email shipping invoices from a single web station, saving hours of time.
CLIENT STORY: MAXIM INTEGRATED PPRODUCTS
Challenge
As a large global enterprise, Maxim needed to centralize decision-making and simplify management of the weekly vendor invoices generated by worldwide Heavy Freight and Small Package shipments.Solution
Agistix implemented its platform to centralize decision-making for Maxim and initiated its Invoice Consolidation service as a complement to both the Heavy Freight and Small Package services.Results
Now that Maxim receives just one consolidated invoice each week, accounts payable processing time has been cut from 70 hours per week to five minutes, generating savings of up to $5000 a week.