Bring Your AP Department into the Modern World!
It’s time to start transforming your AP Departments from a cost center to a revenue center with IBEA.
One Product, Multiple Solutions.
IB Payments
Enhance your payment process with our automated solution, designed to reduce risks of manual payments and simplify the process.
Bring your Accounts Payables into the modern world. IB Payments automates all your B2B payments, everything from bank transactions to reconciliation, reducing risk and simplifying your payments processes.
IB Accelerate
Allow your suppliers to receive early payment on individual invoices in exchange for a discount on the invoice.
Generate Revenue through your B2B payments. IBEA’s payment accelerator allows your suppliers to receive payment earlier through dynamic discounting, transforming your Accounts Payables from a cost center to a revenue generator.
“Switching to IBEA can result in a full reduction in AP costs plus with dynamic discounting results in net profit on bottom line”
Benefits of AP Automation!
Generate Revenue
Add cash onto your bottom-line through automating dynamic discounting on payments already scheduled.
Improves Workflow
Gain a better understanding of your Accounts Payable workflow to improve and optimize.
Add Efficiency & Reduce Risk
Faster and more efficient process. Reduce risk of loss from fraud and human error.
Structured Staff Strategy
Empower your Accounts Payables team to work more strategically. No more manual tasks!
Enough with Words, Trust the Numbers.
Low-Invoice Volume
The average cost to process a single invoice without automation is 60 SAR average
With IB Payment – Average 49 SAR
Save up to 18.3%
Moderate-Invoice Volume
The average cost to process a single invoice without automation is 23 SAR average
With IB Payment – Average 16 SAR
Save up to 30.4%
High-Invoice Volume
The average cost to process a single invoice without automation is 14 SAR average
With IB Payment – Average 12 SAR
Save up to 14.3%