CHALLENGES: Spend Cost Reduction  

"Typical ProCharge users realize average spend savings of 5% in the first year."

Spend Cost Reduction

Controlling costs is always a high priority – in good times and bad – to maintain a competitive edge or protect profits. Typical ProCharge users realize average spend savings of 5% in the first year and the advantages don’t stop there.

ProCharge lets you address obvious sources of waste found in paper-laden, manual A/P operations such as:

  • Reconciling inconsistent document and process streams
  • Tedious handling of approvals and exceptions
  • Fraud, misuse or non-approved purchases
  • Lengthy preparation of audit documentation
  • Increasing staffing costs
  • Making payments by check
Even companies that extensively use P-cards can find more savings with ProCharge in areas like:

  • Automatic reconciliation of charges with purchasing and payables
  • Recognizing and realizing rebates and vendor discounts
  • Optimizing and accelerating payments
  • Automatic elevation of audits and exceptions
  • Continuous monitoring of suspicious activity

ProCharge even provides you reporting and analytics to proactively identify trends and opportunities to fine-tune your purchase and payment information and processes.