Double Paid recommends its customers to automate and optimize invoice processing by implementing Self-Billing. Companies hiring external staff on a regular base such as temporary employees, freelance workers and self-employed persons could benefit from this.
Monitoring temporary employees hours is time consuming and often generates problems in many companies. Below listed common problems are displayed related to purchase invoice processing of temporary staff:
A Self-Billing tool would be able to prevent and minimize common issues. It automatically generates a credit note to the vendor based on approved hours and contract details such as hourly rate and specific project or cost center. The vendor is not allowed to send in invoices as the invoice is automatically issued once the vendor releases its hours and/or additional costs.
The segregation of functions in several job levels will take place at the front of its process. This guarantees that the issued credit note is correct at all times. By performing this process on a weekly base the customer as well as the vendor can rely on a solid and clear self-service tool.
More information can be found at www.selfbilling.com
An audit by Double Paid offers you:
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