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Nexcap Finance: SpringCM Solution reduces Nexcap’s invoice processing time by 25 percent
Nexcap Finance Corporation, a Toronto-based company, provides financing to the Technology Channel. Through the Channel Finance Program, Nexcap offers accounts receivable and accounts payable financing and processing for technology resellers. As the number of suppliers grew, Nexcap needed to implement a cost-effective, web-based application that would provide interoperability with its IT infrastructure and a portal for supplier interaction.
Nexcap’s management team chose SpringCM’s Solution. SpringCM has streamlined every step of the process - from capturing invoices to expediting the time necessary to process payments and handle exceptions.