ALTO Exchange


What is ALTO Exchange?

"Electronic invoicing platform."

Keep track of your project costs with electronic invoicing. Leverage dynamic discounting. Allow suppliers to manage invoice disputes, convert POs to invoices and the best part - it's free for suppliers.

Benefits:
Reduce invoice processing costs.
Take advantage of discounts and improve supplier relationships.
Improve accuracy and working capital management.

Track invoices on demand: Provide your suppliers with meaningful, clear and transparent information about their invoice status on demand. With ALTO Exchange, reduce time spent on calls, chats and email inquiries.
Convert POs to invoices: With just one click, your suppliers can receive and convert approved purchase orders to invoices.
Invoice compliance: Implement front end validation rules that fit your company's needs. Garbage in, garbage out. Receive only correct and valid information from your suppliers.


ALTO Exchange scored 54/100 in the Payments & Invoicing category. This is based on press buzz (20/100), recent user trends (falling), and other relevant information on ALTO Exchange gathered from around the web.

The score for this service has improved over the past month. What is this?

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ALTO Exchange Review

Editors' Review by the Payments & Invoicing Software Review Team

ALTO Exchange is an accounting software solution for streamlining payments and e-invoicing processes across different industries. The platform is specially designed for suppliers, producers, and manufacturing companies that want to seamlessly integrate different solutions and departments.

The payments and invoicing software solution enables suppliers, producers, and vendors to maintain an integrated and well-organized online catalog. ALTO Exchange also enables users to effectively automate the product coding process and minimize or completely eliminate errors.

The solution takes a more simplified approach to e-invoicing workflows, effectively taking out the unnecessary complexities normally associated with the process. In effect, the software solution significantly improves user adoption while successfully reducing on-boarding costs.

ALTO Exchange Features

ALTO Exchange is an electronic invoicing platform that helps you keep track of your project expenses through a more simplified and fully integrated system. The software solution allows you to leverage dynamic discounting, manage invoice concerns and disagreements, convert POs to invoices, and more at a reasonable cost.

The invoicing and accounting software provides small to medium-sized businesses and organizations the ability to choose their preferred level of integration from standard manual data entry to a fully automated operation. ALTO Exchange also comes with Excel upload capabilities and XML batch integration, among other functions.

In addition to providing an integration platform, ALTO Exchange also enables suppliers to properly keep track of their performance in real time. They also provide unparalleled customer support for all users and staff whenever they need it.

Some of the key features you can expect from ALTO Exchange include the following:

  • Suppliers are able to easily track their portfolio of receivables on demand.
  • It allows for complete transparency of the customer invoice payment process for vendors.
  • It provides vendors with the right tools and applications to let them easily manage and maintain a fully integrated online catalog of products and/or services.
  • ALTO Exchange also enables users to minimize coding and pricing errors of online products and/or services.
  • The software solution allows vendors to efficiently enter and submit invoices via the internet, which helps to ensure proper coding process.
  • The payments and invoicing platform offers a wide range of templates, including Excel, which enables a simple and straightforward approach of the import and export of data for repetitive and time-intensive processes.
  • Vendors are paid to terms while producers and suppliers can take full advantage of early pay discount offers.

ALTO exchange electronic invoicing project costs dynamic discounting invoice disputes

ALTO Exchange Benefits

ALTO Exchange helps to significantly improve the payments and invoicing processes for suppliers and producers. It ensures all data, from inventory to pricing, is entered accurately and free of errors the first time. The platform comes with features and tools that accelerate and keep track of invoices, approvals, and payments. As a result, ALTO Exchange not only reduces operational costs but significantly minimizes the time spent in handling accounts payable processes as well.

The payments and invoicing software features industry standard business-to-business (B2B) channels that help to improve the communications aspect and integration of multiple systems, from your product and/or service portfolio to supplier billing. ALTO Exchange allows vendors to quickly and easily send accurate invoices and keep track of the progress of the approval and payment processes, thus streamlining workflows while eliminating potential errors.

ALTO Exchange enables vendors to easily submit invoices online as well as maintain an integrated online product and/or service catalog. The platform promotes accountability and transparency. Moreover, it helps that the system is tailored to ensure accurate coding.

The solution provides users the ability to get complete invoicing data by simply entering their invoices electronically. This ensures suppliers get all the information they need concerning their accounts receivables. The invoices you enter are directly incorporated into the company’s internal Accounts Payable workflow for further review, approval, and payment processing.

Suppliers also have complete transparency and access to the accounts payable process. They simply have to log in to their ALTO Exchange account and they are able to view critical data and download specifics from their accounts receivables for reporting purposes.

The three main benefits of the ALTO Exchange software solution is the fact that it can help reduce invoice processing costs, improve accuracy and working capital management, and it allows businesses to take full advantage of discounts while building and nurturing better supplier relationships.

ALTO exchange upload integration electronic invoices

ALTO Exchange Pricing

ALTO Exchange enterprise pricing is available only upon request. You may visit the ICG Team, ALTO Exchange’s official website, for more information about their software solution and services, or you can contact their sales team directly for your quote. The Supplier Basic Plan is completely free—all you have to do is register an account for your business.

You may also view a demo or download a brochure from their website. Finally, a contact form which you can fill up with your name, email address, contact number, company name, the product you’re interested in, and your message is located at the bottom of the ALTO Exchange main page.

Conclusion

ALTO Exchange is geared towards SMBs and organizations who want to keep track of their project costs with electronic invoicing. It allows suppliers to manage invoice disputes through proper channels in the most efficient way possible.

With this solution, you can implement front-end validation rules that meet your company’s requirements. You are able to receive only the correct and valid data from suppliers. Users may also track down invoices on demand. You are also able to provide your suppliers the ability to get clear and transparent information about their invoice status whenever they want. This effectively reduces the time spent on unnecessary phone calls, chats, and email exchanges just to inquire about invoice status.

ALTO Exchange is a fairly effective and feature-rich invoicing software solution that can benefit suppliers, producers, manufacturing companies, and vendors who wish to create a seamless communication and integration process between departments and platforms. It’s a software solution you should consider if you’re looking for such a product.

  • ALTO Exchange
  • ALTO Exchange
  • ALTO Exchange
  • ALTO Exchange

ALTO Exchange Product Overview

  • Electronic invoicing

  • B2B

  • Cost reduction

  • Invoice compliance

  • Invoice tracking

  • Integration

  • Invoice submission


Languages: English, Spanish
Software Buyer Guide 2019

Payments & Invoicing Software Buyer Guide 2019

Product recommendations, vendor rankings, market overview and tips on how to select Payments & Invoicing software for business. Published in February 2019.

Payments & invoicing is the lifeblood of a business when it comes to accounting and finance. Without effective payments and invoicing management, a business will not be able to track its income and expenses. At the same time, they will lose track of the...

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ALTO Exchange Features

  • 2-Factor Authentication
  • Accounts Payable
  • Accounts Receivable
  • API
  • Balance Sheet
  • Batch Permissions & Access
  • Billing/Invoicing
  • Budgeting
  • Calendar Management
  • Contact Management
  • CRM Integration
  • Customer Management
  • Dashboard
  • Data Export
  • Data Import
  • Data Visualization
  • Expense Tracking
  • External Integrations
  • Forecasting
  • General Account Ledger
  • Inventory Tracking
  • Multi-Currency
  • Multi-User
  • Notifications
  • P&L
  • Password & Access Management
  • Payment Processor
  • Payroll
  • Scheduling
  • Supplier Management
  • Tax Management
  • BitCoin
  • PayPal
  • Stripe
  • SAP Integration

ALTO Exchange Pricing Plans


Other pricing information:

ALWAYS FREE TO SUPPLIERS, + 2,500 register suppliers and counting!

Allow your suppliers to submit your invoices with a front-end validation to ensure the invoices been received are in compliance with your company invoice payment process and procedures and avoid duplicated invoice entry. Reducing manual errors and processing costs for you and your suppliers.

Credit card required: No

ALTO Exchange FAQs

What is ALTO Exchange generally used for?

Creating seamless integration between suppliers and producers. Allowing suppliers to submit their invoices electronically while providing transparency in the invoice approval status and progress.

Who are the main user groups of ALTO Exchange?

Currently, our main customer is a mid-sized oil and gas business and the suppliers register to transact (submit their invoices through our portal) goes from enterprise business, mid-size, small company and even self-owned business. We allow our clients and supplier the level of integration they fell comfortable with allowing our platform to be suitable for all business sizes, industries, and users.

What platforms does ALTO Exchange support?

Our system is web based currently optimised for mayor latest release browsers.

What are some applications ALTO Exchange is commonly used in tandem with?

Financial systems and accounts payable workflow.

Does ALTO Exchange offer multi-user capability (e.g. teams)?

Yes

Does ALTO Exchange offer guides, tutorials and or customer support?

Yes, we provide live online training and have a customer support helpdesk that provides users with self-serve training through our knowledge base including steps and videos. Chat, email and phone support available.

Does ALTO Exchange integrate with any other apps?

Yes, ALTO Exchange is just one of our modules. It integrates with our ALTO Suite of products:
• ALTO Upload: We are not limited by data formats or systems
• ICG: allows organizations to simply choose their preferred level of integration from manual data entry, Excel upload, to XML batch integration
• ALTO Accounts Payable: Invoice approval workflow. Streamline complex invoice handling processes from receipt to payment.
• ALTO eProcure: Request bids, manage contracts, process PO's
• ALTO Xpend: Improve controls with our T&E web-based expense management solution with mobile receipt capture, automated expense report creation, and flexible workflows.

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