No matter how small or large your business, organizations are encountering the same AP challenges. Automating Accounts Payable provides organizations with digital routing and approval of invoices, along with matching of purchase orders and packing slips, to control inventory receipts and ordering. Throughout this process, the documents are stored and moved electronically for easy search and retrieval for authorized personnel while remaining compliant with IRS Mandates. Employee time is now spent on revenue-generating operations, rather than tracking down documents. We all know there are just certain functions of a business that need to happen such as AP, however with automation that process is as painless and automated as possible. Here is how our AP Automation Solution has helped our client solve this obstacle.
OVERVIEW: Orthopedic Facility
APPROACH: Looking to implement an automated, centralized platform for visibility of invoices and other AP data sent to all 100 of their locations. This centralization and digitization increase visibility and improves workflow for invoice processing.
BENEFIT: The ability to improve accuracy and reduce errors. The invoice data is validated against ERP information, which is easy to catch duplicate payments and streamline the document processes by capturing, storing, and retrieving, the large volume of paper records within all facilities. Eliminates manual process of approving invoices. As well as achieving early pay discounts.
RESULT: The business has improved relationships with suppliers. No more lost paperwork, missed payments, and errors in amounts paid. They can have paper trails to meet audit and regulation requirements.
HOW: Contacted CP Digital Office Solutions
Learn how you can automate your Accounts Payable Process!
Join us for a webinar on Thursday, March 31, 2022, at 10:00 AM EST to learn more!