Prior to working with Nipendo, Dvir Metal sent invoices by email, which required a significant amount of processing time, followed by an effort to check on invoice payment status. Often, invoices had to be corrected or re – issued, which delayed payment. The company had no visibility into invoice status, which meant they had difficulty planning their cashflow ahead.
Following Nipendo’s deployment, Dvir Metal began receives automated alerts about incoming POs, and automated guidance around the preparation and submission of invoices. Mistakes, discrepancies, or non – compliance with certain business rules are caught immediately and their correction is required and have full visibility into invoice status and payment date. This way, they’re able to plan their cashflow in advance. The Nipendo platform provides them with detailed information, which is useful for internal data analysis and validations.
Deploying Nipendo impacted Dvir Metal by reducing the time spent on processing invoices. interacting with the customer around invoice and payment status, data – entry, and invoice re – issuing. It has considerably improved business processes and now gives them the tools to better manage their cashflow.