Document Management Blog

Currently Browsing Tag: AP Processing


Weekly Roundup – Faster AP Invoice Approval Boosts the Bottom Line, Six Ways to Improve Inventory Management, 12 Things Enterprises Don’t Know They Can Automate

Category: Blog   |   Tags: , , , , , , ,

Faster AP Invoice Approval Boosts the Bottom Line Still working with paper? Things like making photocopies, finding lost and misfiled documentation, and manually processing paper all take a toll on the process. According to Business Finance magazine, the average cost of manually processing an invoice is around $20 versus $4 for automated processing. The opportunity for savings and improvement is even greater for small and mid-sized organizations. Read the entire article Six Ways to Improve Inventory Management ERP enables a company to optimize inventory levels through the identification of when to purchase to fulfill demand, ideal allocation both in stock … Continue reading


Weekly Roundup – Streamline Accounts Payable with Invoice Matching Software, Intelligent Process Automation Software Unlocks Business Value, ERP: Lessons from the Field

Category: Blog   |   Tags: , , , , , ,

Streamline Accounts Payable with Invoice Matching Software Nearly all organizations experience the pain associated with manually processing and matching invoices. How can organizations overcome these challenges? One way is to automate with invoice matching software. Here’s how it works. Read the entire article   Intelligent Process Automation Software Unlocks Business Value Software advancements in the field of process automation will unlock significant value for businesses within the next three to five years. “The list of game-changing and differentiating examples of process analytics is immense, especially when IPA tools using artificial intelligence and machine learning to drive time-sensitive outcomes are applied,” … Continue reading


Gain Support for Automating Your AP Process in 5 Easy Steps

Category: Blog   |   Tags: , , ,

Automating AP Processes for Maximum Efficiency Some ERP systems have an AP Automation function, and some do not. There are pros and cons to each offering, but whether or not your ERP system includes AP automation, allows integration – or none of the above, there are a number of important factors to consider. Making the case for a new way to approach workflow, purchasing new software, or implementing an AP Automation solution will take thoughtful planning. Particularly in finance, where one wrong move can spell disaster. However, the upside of prudent planning can mean significant time and cost savings, as … Continue reading


Weekly Roundup: Improve Cash Flow with AP Automation, Integrate AP Automation with MS Dynamics GP & Document Management for Automotive Dealerships

Category: Blog   |   Tags: , , , ,

 Shorten the Life Cycle of an Invoice and Improve Cash Flow with AP Automation In our blog, we discuss seven reasons why implementing AP Automation is a good idea, ranging from early pay discounts to advanced reporting tools to real-time approvals. Which benefits interest you and your business? “According to The Institute of Financial Management, the AP process is the “strategic business partner” for cash management. Proper governance of cash flow can help a business better prepare for the future, take advantage of dynamic or early pay discounts and avoid late payment penalties, while maintaining a better business relationship with … Continue reading


Weekly Roundup – Preventing AP Automation Disaster & Including Automation in Your Innovation Goals

Category: Blog   |   Tags: , , , ,

Prevent AP Automation Disaster with the Right Strategy & Planning In our blog, we discuss three main steps of planning AP Automation implementation – Communication, collaboration and calculation. “Whether it’s educating your team on a new product upgrade, illustrating a helpful workaround or sharing an industry best practice – look for vendors who continually engage their customers. Find out if a potential vendor can help you comply with the particular rules and regulations in your industry, and what the disaster recovery plan is (think ‘lifeboats’).” Read the entire article.   Why Your Company’s Innovation Goals Should Include Automating Your Invoice Processing … Continue reading