A Greater Philadelphia area Services Company has made the shift in dealing with the global pandemic and remote work force by outsourcing their AP Services. Their AP Staff now has the capability to gain visibility into their AP Process from beginning to end. No more manual processes of receiving invoices and routing them for approval internally. They are now processing 8,000 invoices a month some by paper, email, physical mail, and others downloaded all into one portal. CP was able to consolidate all invoice types, as well as manage them and route for approval. By implementing CP’s AP Services, they were also able to accomplish the following:
- AP Staff has a full visibility to AP Lifecycle
- Remote employees can code and approve invoices from anywhere
- Reduced operational staff time by 25 hrs. a week
- Allowed invoice data 72% faster to achieve early pay discounts