Aegis, an India-based global outsourcing and technology services company, has joined forces with Procure-to-Pay solution provider Puridiom to establish transaction processing services.
According to Puridiom, the transaction processing services will comprise of Accounts Payable invoice processing and Spend Management Services, including spend analytics, category management, PO processing, payment automation and Supply Chain Services.
Puridiom said that the outsourcing and business transformation capability of Aegis will strengthen its offering of all of the components required by customers to fully automate and tightly integrate the procure-to-pay workflow, including invoice processing.
Commenting on the deal, Puridiom president and CEO, Jesus Ramos, said: "Puridiom seamlessly receives and matches both paper and electronic invoice data from our client’s vendors.
"This allows not only a low variable cost per transaction but also full visibility to invoices and status, accurate and timely payment, capture of payment discounts, accurate accruals and ledger entries and direct linkage, if desired, to the Puridiom bank card payment program."
Aegis offers a suite of outsourcing and technology solutions for its clients, from strategy and design to implementation and execution. It has more than three decades of experience in delivering Customer Lifecycle Management solutions for over 300 clients.