do How payroll, accounts payable, accounts receivables, and
accounting information systems interact with one another? Do they
work efficiently? Explain your answer.
FedEx offers customers a wide variety options to pay their
invoices. Customers can pay their bills online, over the phone or
the traditional way by mailing in payment. FedEx created a
software called DirectLink which is a powerful electronic data
interchange (EDI) enabling software which allows customers to
download invoices, create reports, export data and remit payments.
Not only does DirectLink provide a great service to their customers
but it also encourages customers to sign up for DirectLink because
of the many advantages it offers. Allowing customers to download
bills, payments remit online and manage their own account is
extremely efficient for the company. For one, electronic invoicing
allows FedEx to save money on printing and postage costs.
Electronic payments also save time and create less manual work
for the company. The AIS validates, records and processes
payments. With the AIS processing payments, it eliminates the
chance of human input error; it also prevents returned check fees.
Allowing customers to manage their own account also saves
money on call center costs. When customers have questions about
their account they can go online and look at their account instead
of calling customer service.
http://fedex.com/us/solutions/othertech.html
http://fedex.com/us/solutions/directlink.html