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: Auto Dealership
APPROACH: Looking to implement an automated, centralized platform for visibility of invoices and other AP data that is sent to multiple dealership locations. This centralization and digitization increase visibility and improves workflow for invoice processing.
BENEFIT: The ability to streamline the document processes by capturing, storing, and retrieving the growing volume of paper records within dealerships.
RESULT: The business now has all its paper records stored in a secure cloud repository, eliminating the storage of paper-based AP documentation. Other digital benefits include the ability to scan repair orders, deal jackets and HR data into the same secure cloud platform. Due to the faster process, they are now able to take advantage of the early-pay discount.
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!