Accounts Payable Automation
Without efficient processes in place, your Accounts Payable department is likely costing your business heavily. Manual paper-based invoice and document processing are among worst offenders. Now with so many businesses requiring mobile access to the decision process, AP Automation has become a top priority in organizations of every size.
Intelligent Accounts Payable Automation
- How long does it take for your AP department to process an invoice?
- How many steps are in each approval process?
- Can you access the approval process from a tablet or remote PC?
- How long does it take to respond to customer inquiries?
Streamline the process…eliminate manual tasks
Eliminate manual paper-intensive steps by automating your entire AP processing cycle. ACOM helps you put an end to the low-value task, enabling employees to focus on more important work. More productivity, efficiency, and control over approval flow and financial processing allows accounts payable to contribute more value to the organization as a profit center.
Enjoy the freedom to approve invoices without being tethered to your workstation. Approve, reject and process AP decisions or any workflow process whenever you have a few moments to spare. Just pick up your mobile, log on, and get working!
- Check Boxes to view all your approval tasks right on your mobile device
- Gain instant access to invoice header and line details
- Download the invoice image to your Apple, Android, Google or Windows tablet device or any remote PC
- Approve, reject and leave comments for your invoice or any approval tasks
Enterprise-Wide Content Management Backbone
The core component of ACOM’s AP process and content management framework is EZContentManager (EZCM). As a complete information management solution, EZCM solves the ongoing challenges of managing documents and information in any division or department with greater speed, efficiency and accuracy. Gain control of the documents and information that you need to run your business, with all of your critical information assets immediately accessible across the enterprise. Organizations have the precise invoices, documents and content they need right in front of them, wherever they are to:
- Make Better Decisions Faster
- Improve the Bottom Line and Gain Market Share
- Become More Responsive to Customers
- Maximize Use of Resources
- Minimize Risk and Meet Compliance Initiatives
…turn invoices into information AP can act upon
Automatically capture documents and information regardless of form or format, directly from your business documents and images! Intelligent extracts the information contained within, then processes the information through the appropriate workflow, based upon its content.
Increased Accuracy & Efficiency
With ACOM Accounts Payable Automation, scanned or electronic vendor invoices are automatically captured in any format. The solution then finds and extracts the important information and validates it according to a pre-defined set of rules. Based upon the content contained within each invoice information is routed for matching and approval or sent straight through to the ERP automatically — making nearly all manual entry unnecessary. The ACOM difference provides increased processing speeds, reduced costs and significant bottom-line improvement.
Key Features & Benefits
- Accurate invoice processing in less time and with fewer human resources
- No invoice lost or paid twice
- Ability for early-payment discounts from suppliers
- 24/7 visibility of invoice status
- Self-learning capture technology continually increases recognition capabilities
- Seamless workflow integration
- Proven solution based on best practices gathered from years of experience in AP and business workflow automation