Manually intensive accounts payable procedures significantly impact a business' bottom line, with companies spending huge amounts each year processing invoices, performing purchase order matches, addressing defects and responding to vendor inquiries.
DocuData's accounts payable automation solution enables enterprises to significantly lower the processing cost per invoice and gain improved financial management. By leveraging advanced technology and optimization experience, you can effectively automate your full accounts payable process while still retaining control. Services include converting invoices to digital format, capturing data and posting payment information to ERP and accounting systems.
Automated data capture and validation processes eliminate repetitive data entry tasks and guarantees your valuable information is captured accurately. The user-defined workflow further reduces costs by streamlining your processes to ensure faster throughput. On-screen work lists notify employees and supervisors of important information, including payment due dates and number of reminders received - this not only ensures payments are made on time but also helps companies take advantage of better cash flow management. Customized reports provide increased visibility into cycle times, bottlenecks, employee productivity and allow for workload balancing and month-to-month and year-to-year analysis.
Our AP Automation solution offers the best choice on the market for handling accounts payable procedures, reducing costs and letting you focus on what you do best: your business. We help ease the burden of managing non-core operations, enabling you to take a more strategic view - ensuring accounts payable activities contribute to your company's bottom line objectives.
Features
- Reduces your cost per invoice by improving payment accuracy, increasing productivity and shortening cycle times
- Increases visibility into outstanding liabilities, invoice status and AP process performance through tracking tools and metrics
- Reduces reliance on human accuracy when entering information into systems
- Benefits from intelligent invoice recognition, line-item and header matching capabilities for purchase orders, invoices and receivables
- Multi-level approval settings and dashboard monitoring
- Customized, rules-based and user-defined workflow
- ERP adaptors and integration services available
BPO Services
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AP Invoice Processing
DocuData's AP Invoice Processing service is the ultimate outsourced offering for accounts payable automation, managing both electronic and paper invoices for a guaranteed reduction of processing cost per invoice.
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Hosted Image Archives
DocuData's document imaging and archiving services provide instant access to your documents and improved information management, as well as considerable cost reduction. Our advanced technology easily and accurately converts and stores digital documents, while web-enabled search tools offer quick and easy access to them.
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Image Capture
DocuData offers the most advanced high-volume image capture services, which can easily streamline the process and deliver critical throughput efficiencies.
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Forms Processing & Account Opening
We’ve processed a wide variety of client forms for decades. Our expertise has allowed us to develop a highly efficient process flexible enough to meet individual requirements and adapt to industry changes.
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Backfile Conversion
Using the industry’s fastest equipment, we scan and convert your entire volume of paper documents to electronic images for storage in records and document management and archive applications.
Next Steps:
1-877-883-7330
Call now, see how our customized solutions fit your business needs, not ours.