TORONTO, Jan. 3, 2017 /CNW/ - Ricoh Canada Inc. today announced the release of their e-Invoice Presentment & Payment Service – a powerful new solution designed to help customers rapidly gain new efficiencies through the delivery of digital bills and invoices to their customers and suppliers.

Through the e-Invoice Presentment & Payment Service, customers are able to leverage Ricoh's expertise in Business Process Outsourcing, Business Information scanning centers and strategic partnerships to create a customized e-solution that integrates to their existing AP and AR processes. A comprehensive mapping of their complete internal process means customers can transition easily from print through e-presentment and payment, achieving real and ongoing savings along the way.

Common challenges such as resending misplaced or lost invoices, manually matching payments to past invoices, chasing down outstanding accounts and dealing with a multitude of customer inquiries are all easily and quickly addressed with Ricoh's e-Invoice Presentment & Payment Service. The result: companies are able to receive payment faster, automate repetitive manual tasks, gain critical visibility into cash flow and reduce their environmental footprint.

Entirely scalable and free from upfront investment in software and equipment, the Ricoh e-Invoice Presentment & Payment service is a best-in-class solution to organizations embracing the rapidly changing digital world of accounts payable and receivables. "Leveraging the obvious savings associated with the adoption of a paper-free invoicing strategy is only the beginning," says Eric Fletcher, VP Marketing for Ricoh Canada Inc. "Ricoh's e-Invoice Presentment & Payment Service maps to existing customer processes, allowing companies to migrate to this versatile digital solution without reinventing their own proven workflows."

Ricoh e-Invoice Presentment & Payment services enable organizations to securely and efficiently present bills and invoices to their customers and suppliers by providing the tools and knowledge required to confidently automate accounts receivable and payable workflows –  all while providing benefits previously only available to larger companies.