Direct Insite (OTC: DIRI) said it has signed a three-year extension to its existing global services contract with International Business Machines (NYSE: IBM), effective January 1, 2014.
IBM has also signed a one-year extension with Direct Insite for customer presentable invoices, also effective January 1, 2014.
IBM will continue to deploy Direct Insite´s Invoices On-Line e-invoicing platform, which provides capabilities for generating electronic invoices, including Web-based line-item detail presentment and summary cost data; disputing an invoice line-item or an entire invoice via a self-service Web portal; and attaching collateral information associated with an invoice.
Direct Insite delivers cloud-based e-invoicing solutions for accounts payable, accounts receivable and payments automation. Since 2001, Direct Insite has built a track record in automating some of the most demanding financial environments. To learn more, visit www.directinsite.com.