Fleet Procurement Option: Electronic Data Interchange (EDI) Invoice Delivery SmartEquipTM can provide suppliers and OEM's with electronic data interchange (EDI) services to send electronic invoices to fleet customers. While EDI services are typically simple "electronic envelopes" for invoices, the SmartEquip solution uses pricing information from the buyer's system of record, matches it with the seller's system and flags any mismatches. Our process eliminates the need for labor-intensive manual accounts payable reconciliation and processing. Benefits ◆ Invoice Matching - Automation of comparing orders between the buyer and seller's system of record significantly reduces the difference between the two systems for all orders emanating from the SmartEquip Network . TM ◆ Flexible - SmartEquip's EDI Invoice Delivery Option is a flexible system that takes into account the current processes and investments of many suppliers. ◆ Integrate Once - Because our Network uses common standards, joining the SmartEquip Network only requires a one time integration. This provides access to multiple trading partners from the same integration and requires less work for overtaxed IT Teams. Suppliers with Existing EDI Suppliers without Existing EDI Suppliers Invoices W Invoices W W EDI SmartEquip EDI SmartEquip Network TM Accounts Payable National Fleets on the SmartEquip Network SmartEquip Network TM Accounts Payable Non-SmartEquip W W Why SmartEquip EDI? Typically, orders generated using the standard EDI protocol merely deliver information that was previously distributed via fax or mail. However, if a fax, mail, or email based order lacks accuracy, then the use of EDI will not reduce the error levels, but will allow suppliers to transmit these errors to their buyers. By utilizing SmartEquip EDI, one and the same system is utilized to determine pricing and other information, thus significantly reducing error rates. http://www.smartequip.com Your Equipment Just Got Smarter TM
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