IT SERVICES firm Barron McCann has launched E-post, an automated supplier payment advice service, aimed at companies that send out more than 90 remittance advice notes, statements or purchase orders each month.
Barron McCann claims many firms still send out remittance advices manually, which cost £1.30 per item. E-post automates the process, lowering the cost per remittance to 20p.
The system works with a firm's accounting and database systems. When a payment transmission is sent to BACS, the same transmission method sends the data to Barron McCann, which then faxes the advice notes to suppliers.
The fax which a supplier receives will be designed to conform to the firm's usual layout.
Martin Drewery, e-commerce systems manager at Barron McCann, said: 'E- post offers a completely automated solution, offering considerable savings over paper alternatives.'