The strategic intent and mission of Validation Clearing Bureau Global is to licence Invoice Clearing Bureaus in participating countries allowing them to supply business intelligence to Banks/Financiers using the eInvoiceBankingTM Electronic Invoice Validation System to:
Ø convert invoices into cash;
Ø reduce debtors days of payment to the
Supplier to less than 7 days;
Ø improve supply chain management practices;
and
Ø decrease the amount of working capital
required. |