Microgen, the Windsor-based information management specialist, has launched an online billing service in a bid to cash in on the e-commerce boom.
The outsourcing service, called E-Billing, is aimed at the business-to-business market and allows companies to send invoices and documents to suppliers over the Web and download invoices to spreadsheets.
Microgen claims that the service can reduce billing costs by up to 35%.
Companies pay a fee when the service is set up and are then charged for every document processed.
Users send invoices to Microgen through a telecom link. Then Microgen processes the data, creates an invoice and emails it back to the accounts-payable department.
The service is currently in a pilot phase but a national rollout is planned for November. It will draw on features in existing document processing and long-term data-storage services offered by Microgen.
One of the main business fears over e-commerce has been the security of Internet transactions. But Barry Clark, Microgen’s general manager of information technology services, said companies had become more confident about doing business online.
‘Our customers weren’t keen to put documents on the Web but that has changed,’ he said.
Most of the ERP giants such as Oracle, and accountancy vendors such as Sage, already offer e-commerce packages. But Clark said it was not economical for companies to handle a minority of their invoices themselves over the Internet.
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