All ALTO Exchange Discussions
G2
Pinned by G2 as a common question
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What is ALTO Exchange used for?
What is ALTO Exchange used for?
G2
Verified User
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What benefits does it deliver?
The O&G producer and vendors are all thrilled with the results! Benefits include:
- Coding and pricing errors are virtually eliminated through use of the ALTO Exchange™ integrated online product and service catalogues
- Vendors are being paid to terms and the producer is now taking... Read more
G2
Verified User
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How was it developed?
ALTO Exchange™ was developed to address a real need, and created from within a mid-size O&G producer in Calgary, AB.
ICG and the producer had implemented ALTO Accounts Payable ™. With the benefits gained from the producer using ALTO AP™, ICG identified the opportunity to extend the... Read more
G2
Verified User
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What does it do?
It automates and integrates the supplier invoicing process with the producer payment process. However, It is much more than that. ALTO Exchange™:
- Enables vendors to provide and easily maintain an integrated online product/service catalogue, automating product coding and eliminating errors
-... Read more
G2
Verified User
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What is it?
Industry standard business-to-business (B2B) portal that facilitates better communication and integration of ALTO AP™ with supplier billing systems, further improving the overall payment process. Vendors are able to easily submit accurate invoices and track the progress of the producer approval... Read more
G2
Verified User
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Does ALTO Exchange™ save producers and suppliers time?
It ensures that information (cost center, pricing, etc.) is entered correctly the first time. Then it streamlines and tracks the process for invoicing, approval and payment. ALTO Exchange™ significantly reduces the time spent managing the accounts payable process.
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