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DIRECTSETTLE

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Pantellos DirectSettle provides a hosted software solution that automates and streamlines invoice processing and payment. By turning the entire settlement cycle into an efficient, paperless system, you can reduce your current invoice processing costs by as much as 50 percent.

Pantellos DirectSettle, powered by Xign, creates a network of utility companies and their suppliers, who can exchange invoices, settle disputes and make payments through a hub using standardized processes.

As a result, manual, paper-based tasks such as invoice routing, data entry and check preparation are eliminated, enabling your field personnel to dedicate more time to running the business.

A fully automated procure-to-pay cycle also reduces the resources needed to handle payment inquiries. By processing invoices within the discount period, Pantellos DirectSettle allows you to capture discounts for early payment. A consistent history of on-time payments also gives buyers added leverage when negotiating pricing for materials and services.

Suppliers benefit too. A streamlined payment process reduces the need for collection and dispute resolution and provides greater visibility into cash flow.


  • Integrates seamlessly with the Pantellos e-Marketplace; conduct e-payments without requiring further investment in hardware or software behind the company firewall


  • Expands reporting capabilities to track transaction details


  • Provides access to Pantellos Supplier Adoption services to manage and shorten your supplier adoption process


  • Provides enhanced, centralized customer support



 
Southern Company Rolls Out Enhanced Pantellos eSettlement Solution
WHY Pantellos DirectSettle?
• Reduces invoice processing costs by as much as 50 percent
• Eliminates paper-based processes such as invoice routing, data entry and check writing
• Validates invoice data and automatically flags exceptions
• Increases opportunities for early payment discounts
• Decreases payment cycle time, enabling buyers and suppliers to optimize working capital
 
   
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