|
Accounts Payable departments are striving to improve and extend the services they provide to their own organizations, while looking for innovative ways to reduce costs, increase efficiency and enhance business relationships. But processing invoices quickly and accurately remains a challenging task for any accounts payable organization.
Why you should consider moving your manual invoice processing to an automated soluiton:
- Reduce errors by taking most or all of the human element out of the process.
- Automate the workflow to move electronic images, not physical documents which saves courier fees and reduces labor.
- Control access and enhance processes by introducing automated routing, notification, and exception handling.
- Reduce processing times to move the business faster which translates into saving money on late fees and billing your customers faster.
Source: Yankee Group
$8 Average cost to process an invoice. As much as 70% of all invoice processing costs are wrapped up in document handling and data entry process.
|
|
mydocs Publisher
- Very cost-efficient solution for moderate volume processing.
- Allows personnel to quickly step through digital invoices and index key data points.
PSI: Capture
- Enterprise solution for moderate to high volume processing.
- Zonal OCR and high-speed bar code processing for cover sheet envirnoments.
- Unique OCR-Indexing Assistance feature that allows personnel to process invoices Point and Click Indexing.
Kofax Capture
- Scalable enterprise solution for moderate to high volume processing.
- Well-suited for distributed capture models.
- Industry leading technology to achieve a totally automated invoice capture, index, and processing solution.
|
