Creating a Seamless Procure-to-Pay Experience for Enterprise Customers
Enterprise companies have distinct and often complex structures and processes designed to help their business run smoothly. An important process to focus on is how to meet the needs of individuals within targeted buying organizations. This attention is key for these enterprises as they look to reach and retain more enterprise buyers to realize desired business growth.
Proactively anticipating the complex needs of enterprise buyers related to payments and invoicing experience gives enterprises a boost to significantly lower purchase friction. Taking steps to make purchasing from your company easier is the quickest way to get buying organizations to gravitate to doing business with you. Giving your customers the buying experience they want starts by aligning order-to-cash processes (O2C) with your customer’s procure-to-pay (P2P) processes.
While P2P requirements may differ among enterprise organizations (one size does not fit all), the following components offered by TreviPay can help not only maintain but grow business. These are important tools to meet the complex payment and invoicing needs of your largest customers.
TreviPay have released an article on buyer integrations and eInvoicing that creates efficiencies and encourage lasting loyalty. Additionally, enterprises looking to automate invoicing and reduce the workload of A/P teams work with TreviPay to integrate with buyers.
Moreover, TreviPay’s platform includes parent/child hierarchies that can be built into the self-service buyer portal. Enterprise buyers tend to have complex structures and processes that require a system of checks and balances across the organization. The ability to support large, complex buyer’s organizational structures including budget management.
The article also highlights how TreviPay could help with large credit lines combined with purchase controls to support high-volume purchasing, customer segmentation for tailored support and collections, and the availability of a self-service buyer portal for accessing transaction and payment data.
