W2 Assignment - extremely efficient for the company For one electronic invoicing allows FedEx to save money on printing and postage costs

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How do 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, remit payments online and manage their own account is
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Unformatted text preview: 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...
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This note was uploaded on 02/22/2012 for the course ACC 101 taught by Professor Black during the Spring '12 term at University of Phoenix.

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