FT. LAUDERDALE, FL / ACCESSWIRE / October 7, 2015 / Direct Insite (OTCQB: DIRI), announced today that it has enhanced its PAYBOX(R) CORE e-invoicing offering, adding print and mail capabilities as well as direct integration into several major AP Networks. PAYBOX(R) CORE accepts any open invoice file and enables distribution based on a client's preference - via print /mail, email with PDF attachment or link to a secure web portal, or directly integrated into various AP Networks.
"With the Federal Government mandating Electronic Invoicing in 2018, combined with ongoing and increasing information security risks and the constant pressure to reduce costs and Days' Sales Outstanding, corporations are starting to examine their options and transition toward B2B electronic invoicing solutions. These latest enhancements promise to help corporations facilitate the transition, despite challenges posed by internal processes and customers who are reluctant to change.
"Corporations will now be able to leverage PAYBOX(R) to provide those critical process steps that help ease electronic adoption," said Direct Insite Chairman and CEO Matthew E. Oakes. "These new enhancements make the process seamless for customers, helping businesses increase adoption and stay ahead of the curve."
About Direct Insite(R)
Direct Insite(R) provides a powerful platform for unified working capital management that facilitates over $160 billion worth of transactions annually between more than 375,000 companies worldwide. Direct Insite's clients include IBM, Siemens, BE Aerospace, Saint Gobain, Carlson and one of the world's largest financial institutions. The flagship component of Direct Insite's unified working capital management platform is PAYBOX(R). This innovative receivables automation solution facilitates invoice processing, online approvals and adjustments, and payments. PAYBOX(R) can be integrated with any legacy accounting, ERP or lockbox system, and is primarily sold through banks to corporate users of their treasury management and lockbox services. Banks and corporations use PAYBOX(R) to reduce Days' Sales Outstanding, lower costs, and improve straight-through AR posting. Learn more at www.directinsite.com.
Corporate Contact:
Lowell M. Rush
Chief Financial Officer
Direct Insite Corp.
631.873.2900
lowell.rush@directinsite.com
SOURCE: Direct Insite Corp.
