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Currently Browsing Tag: automated AP

Healthcare & AP Automation: What You May Be Overlooking

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There is a lot of attention these days in healthcare on large, high-volume process-centric systems for things like claims processing or medical records. But one very important process that all healthcare organizations must manage is the Accounts Payable (AP) process. Four key advantages of automated AP processing includes reducing procure-to-pay time, capturing early payment discounts, improving vendor and customer relations, and gaining greater business insight. Reducing procure-to-pay time Automation systems help healthcare AP departments accelerate productivity by capturing and routing invoices automatically.  Invoices are indexed, classified, matched and directly transferred into your ERP system. Therefore, manual data entry is eliminated and procure-to-pay time … Continue reading

Weekly Roundup – AP Automation Webinar, Make Employee Onboarding Easier, Why Healthcare Organizations Must Automate AP, Do Your Business Processes Need A Spring Cleanup?

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Making the Case to Automate AP… It’s About Time. Webinar with PayStream Advisors Accounts payable departments are under constant pressure to speed up approval cycles and increase working capital—without hiring additional staff. You know a paperless workflow solution is the key to AP automation, but you are having a hard time convincing decision-makers it’s time to make the investment and start working smarter. Join Henry Ijams of PayStream Advisors and Eric McCracken of DocStar for a 30-minute discussion on the strategies used by hundreds of world-class AP department leaders surveyed by PayStream’s analysts for building and presenting a strong business case … Continue reading

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

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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

Weekly Roundup – DocStar Customer Success, Automating AP with Multiple ERPs & Growth of the Cloud

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Capital Cardiology Associates Finds Success with DocStar & SAGE Integration Want to see some of the results for integrating document management software with SAGE ERP solution? Capital Cardiology Associates integrated DocStar document management software with Sage ERP, and Sage MAS 90 accounting software with DocStar ECM Smart AP Automation. “’We were able to obtain a 2% quick pay discount on one of our larger medical supply vendors,’ Johnson relayed, detailing that this is one of the largest accounts payable they have. As these savings trickle through more invoices, large and small, CCA will continuously improve their vendor relationships and their bottom line.” … Continue reading

Weekly Roundup – 18

Category: Blog   |   Tags: ,

To start off your week right, here are the best articles we shared from last week. 3 Ways to Improve Profitability Now with Automated Accounts Payable Processing In this blog, we cover the methods a company can use to improve profitability, which is a concept that goes neglected in lieu of other business focuses. The three profitability methods we cover are improving data management and workflow, capturing early pay discounts and reducing procure to pay processing time. “According to a 2011 Aberdeen Research study, Best-in-Class organizations that have implemented automated accounts payable software process invoices in just 3.8 days, compared … Continue reading