ACI Open Account Manager is a comprehensive trade solution that offers open account services, including online purchase order (PO) issuance, invoice matching, and automatic generation of invoices and packing lists. Working as a partnership infrastructure management system, the Open Account Manager’s model of participation by invitation allows banks to align themselves with their customers’ trade business needs.
Along with the buyers and sellers, shipping and inspection companies can also be permitted to update data through the Open Account Manager, thus increasing an institution’s ability to serve as an effective mechanism for information aggregation, validation and dissemination for the entire supply chain.
The Open Account Manager enables financial institutions to align with not only their customers but also the strategic partners of their customers to integrate services across the trade value chain. This integration creates more symbiotic relationships and increases business opportunities with all aspects of the open account trade process.
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