Siemens Shared Services LLC Signs Multi-Year Contract With Direct Insite Corp
Direct Insite Corp., provider of financial supply chain automation across the procure-to-pay and order-to-cash business processes, announced it has signed a multi year contract with Siemens Shared Services LLC. Siemens Shared Services delivers import/export, human resources, travel management and accounting support to Siemens operating companies in the U.S.
Direct Insite will provide Siemens with its vendor self service portal and inquiry management service, where Siemens' 80,000 vendors will be able to access their invoice and payment status information 24 hours per day, 7 days per week, and 365 days per year. Vendor inquiries within the self service web portal will automatically be routed into Siemens' centralized support system.
"With the Direct Insite solution in place, we will further our commitment to continually improving our vendor relationships with self service support tools," said Siemens Accounts Payable Manager, Tom Abbruzzese. "This self service portal will provide flexibility and responsiveness to all Siemens vendors, empowering them to verify their invoices and payment status without having to contact our call center. The vendor self service portal will help us achieve significant cost savings by deflecting traditional call center inquiries to the web," said Tom Abbruzzese.
According to Direct Insite Chairman and CEO James Cannavino, "Our vendor self service portal solution is an example of how Direct Insite gives companies like Siemens the power to dedicate employees and financial resources on growing their business, not handling costly vendor inquiries related to invoice and payment status requests."
About Direct Insite
Direct Insite provides best practice financial supply chain automation and workflow efficiencies for Procure-to-Pay and Order-to-Cash processing. The Company's global eInvoice Management services automate complex manual business processes such as invoice validation, order matching, consolidation, dispute handling, and e-payment processing. Direct Insite solutions are used by more than 7,000 corporations across 62 countries, 15 languages and multiple currencies. Direct Insite was selected by Deloitte and Touche as one of the ‘500 Fastest-Growing Technology Companies' in the United States and Canada. For more information, call (631) 873-2900, or visit www.directinsite.com.
SOURCE: Direct Insite Corp.