Buyer and supplier customers are invited to participate in a free Web seminar about the cost and efficiency benefits of the Pantellos eSettlement Network. Hosted by Pantellos and its e-settlement partner, Xign Corporation, the seminar will feature a case study presented by Ben Shaffer, Manager of Accounts Payable at PG&E. The seminar will be held Thursday, September 18, from 3–4 p.m. EDT (2–3 p.m. CDT).
Shaffer’s case study will describe how an electronic settlement solution is helping PG&E eliminate paper, reduce operating costs and increase the capture of early payment discounts. Representatives from Pantellos and Xign will join the discussion to explain how electronic settlement can deliver cost savings and business process improvements for utility and energy companies.
Electronic settlement completely automates the procure-to-pay cycle, enabling organizations to realize the full value of e-procurement. Several leading utilities have already chosen an electronic settlement solution based on proven results in areas such as:
- Accounts Payable—Reduce A/P costs by as much as 50 percent, eliminate manual data entry, minimize disputed invoices and dramatically reduce payment inquiry phone calls and e-mails.
- Procurement—Exceed goals for capturing early payment discounts, substantially reducing acquisition costs.
- Treasury—Earn markedly higher rates of return over alternative investment vehicles from early payment discounts; precisely manage outstanding days payable; and sharpen cash flow forecasts.
To learn more about how the Pantellos eSettlement Network can generate significant savings and provide a rapid return on investment, register here for the free Web seminar.
To view a replay of the Web seminar following the event, visit www.pantellos.com.
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