In this weakened economy, companies are pressed to find solutions which enable them to get more done with fewer employees. Since revenue is not growing in this depressed market, the pressure to reduce cost is heightened. More than ever, bank loans, lines of credits and other financing mechanisms to keep business running are becoming harder to secure.
Enliven has made significant investment in its products and services to assist its buyers ability to leveraging technology innovation to get through these tough times. This technology enables the Controller/Accounting department to work smarter, deliver a higher level of results with minimal resources, and provide significant strategic value to the company as a whole.
Traditionally, the controller/accounting department positions including AR and AP are considered "overhead" positions. In today's market, we are finding that controllers and heads of finance departments are no longer interested in being viewed as a "cost center" to the company; but a department that can deliver significant returns.
Enliven has recently launched its AP Discounting service which takes advantage of our depth of experience in the electronic invoicing, ePayment and ePayables space. Enliven's new service, the Rapid Option Invoice Discounting service allows buyers to give their suppliers an automated option to be paid within 10 days, in return for a 2% invoice reduction. Enliven has the expertise and experience to recruit suppliers on your behalf, thereby maximizing adoption. Suppliers also have the ability to assemble an interest group, giving Enliven the leverage necessary to recruit their major buyers and negotiate invoice discounts.