OnePosting provides invoice automation solutions that operate on a secure cloud platform serving 60,000 clients across 29 countries.
One of these solutions, Price Monitor, is designed to improve your gross margin by identifying pricing issues on invoices received from suppliers. Operating independently on our secure cloud, it does not require resources from either your IT or Accounting functions.
Setup is simple – taking less than 3 minutes, and you can even avail of our pilot offer so that you pay nothing until you see a positive impact on your gross margin.
What is Price Monitor?
Price Monitor is designed to identify discrepancies that typically account for between .5% and 1.5% of spend with suppliers. A one-off price-supplier audit — even repeated at regular intervals — detects historic issues that are extremely valuable in dealing with vendors and cost minimization.
Price Monitor does this all the time, providing constant monitoring that highlights any price discrepancies as they occur. Over time, prices can be compared to other businesses for optimization.
OnePosting Price Monitor automates many aspects of a traditional manual Price Audit.
The set-up of the OnePosting Price Monitor can be done quickly and without involving the IT department.