Order-to-Pay for Global Commerce

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Electronic Invoice and Payment for Business

Order Management
Invoice Management
Payment Management
Discount Management
Supplier Management

 

J.P. Morgan offers the premier Order-to-Pay service for global commerce that automates purchase order delivery, invoice and payment processing, and discount management. By connecting buyers with their suppliers across a secure settlement network, the service automates transaction processing and optimizes working capital.

Order-to-Pay is available as a complete solution suite or through any combination of modules. Some benefits you can expect from our best-practice approach include:

Electronic Invoicing and Payment

  • Eliminate paper and reduce processing costs by 50 percent or more.
  • Automatically validate invoice data before posting for payment.
  • Dramatically improve on-time payment performance, with top performers close to 100 percent.

Working Capital Optimization

  • Capture four times the savings with advanced discount capture features and invoice automation.
  • Generate double-digit, annualized cash returns, risk-free.
  • Maintain or extend DPO through enforcement of terms policy and payment optimization techniques.

Supplier Management

  • Extend portal to small, mid-size and large suppliers for transaction visibility and self-service.
  • Transact with tens of thousands of existing suppliers with no enrollment effort.
  • Simplify master vendor file management.

Benchmarking and Performance Measurement

  • Benchmark results against a set of Key Performance Indicators (KPIs).
  • Forecast objectives for process automation, working capital optimization and supplier management.
  • Analyze results and compare them against your stated objectives.

Total SettlementSM

  • Total Settlement is an electronic payment solution that can process all payment types - check, ACH, card, and wire - via a single Web-based interface.
  • Total Settlement is an ideal solution for organizations looking to eliminate paper from their treasury operations and automate their entire order-to-pay operations in a phased approach.

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