FT. LAUDERDALE, Fla., Jan. 21, 2014 (GLOBE NEWSWIRE) -- Direct Insite (OTCQB:DIRI), a leading provider of cloud-based e-invoicing solutions for Accounts Payable, Accounts Receivable and Payments automation, announced today comprehensive solutions and services to help current customers and suppliers of JPMorgan's Xign buyer network make a seamless transition to Direct Insite's Invoices On-Line™ network, the fastest-growing global e-invoicing network.
Direct Insite's Invoices On-Line™ e-invoicing platform exceeds the key capabilities of Xign's buyer network, providing critical procurement, shared services and treasury functionality which include: company profile management, purchase order management, invoice scanning and capture, multiple e-invoicing methods, workflow management, self-service supplier inquiry, payment processing, spend management, dynamic discounting, and supply chain financing.
Direct Insite's e-invoicing platform is ERP agnostic, cloud-based and does not charge suppliers to use its AP e-invoicing network. Upfront capital investments are eliminated, and ongoing IT costs and resource requirements are reduced, enabling existing Xign customers the ability to leverage and extend their legacy investments.
Direct Insite combines the robust functionality of its e-invoicing network with services specifically tailored to ensure that customers and suppliers make a smooth transition to its global e-invoicing network. Direct Insite's comprehensive supplier onboarding services have proven to help customers rapidly achieve the supplier adoption necessary to eliminate paper.
"As we expand and evolve our e-invoicing suite to satisfy the growing global demand for electronic invoicing solutions, Direct Insite is the clear, progressive and cost saving alternative for Xign customers and suppliers," said Matthew E. Oakes, President and CEO of Direct Insite. "With our Xign transition team in place, we are prepared to meet the customer and supplier time sensitive challenge, while providing increased functionality, performance and cost reductions."
For more information, please call (631) 873-2900 or visit www.directinsite.com/Xign-Transition.
About Direct Insite Corp.
Direct Insite delivers cloud-based e-invoicing solutions for Accounts Payable, Accounts Receivable and Payments automation. Since 2001, Direct Insite has built a track record in automating some of the most demanding financial environments. Today, over 350,000 suppliers and customers use our e-invoicing network across 100+ countries (representing more than 35 currencies and 17 languages). Direct Insite's Invoices On-Line™ suite simplifies AP and AR processes such as: electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement, invoice processing and validation, line-item matching, approval routing, invoice consolidation, dispute management, e-payment processing, and reporting and analysis. To learn more, visit www.directinsite.com.