How can we help?
A/P Automation is the answer!
How does it work?
Simple.
We're not about reinventing the wheel. We simply follow all the steps in your current process, but then layer it with digital technology so that it automates the tedious tasks but follows the same approval process that you have in place, but because it's digital, it happens a lot faster.
What's the end result?
- having invoices approved and scheduled for payment to take advantage of early pay discounts, or definitely meet the payments expectations of your suppliers for timing
- identifying exceptions to eliminate duplicate payments, or fraud and they can flagged be handled as needed, but more you use it, the better the software will run
- optimizing your cash flow to better manage the day to day business affairs
- lowering invoice processing costs by 80%
- processing invoices over 70% faster
- and much more...
This is a broad overview of what the solution looks like:
Things to consider when looking an A/P Automation Solution
Here are some useful questions to consider:
- How many invoices do you process in a week, or a month?
- Do you work with a large number of suppliers, or a select few?
- How do you currently receive invoices? Paper form or digital form and by what means? Fax, Email, Courier, etc.
- When validating invoices are you using 2 way or 3 way matching?
- What does your current approval process look like?
- What benefits would you expect from automating this process?
Is this the right solution for you? The best way to find is for us to schedule a quick conversation to better understand what you're trying to accomplish and how we might be able to help you out.