Document Management Blog
The Cold Hard Truth About Paper-Based Invoice Processing
The average cost to process one manual invoice is $15 - Aberdeen Group Nearly 62% of invoice processing costs are made up of staff labour - APQC The cost to locate a lost document can reach $120, and the cost to replace it, as much as $220 - AIIM 80% of inbound...
read moreThe Ins and Outs of Mailroom Automation
I often mention using our Mailroom Automation services, as part of Accounts Payable automation, without giving much explanation as to what it means and how it works. So I thought I would provide an overview of the options available and the benefits. How it works We...
read moreFour Ways AP Automation can Immediately Increase Your Bottom Line
If you are an Accounts Payable Manager, chances are you are under pressure to improve efficiencies while cutting costs. While being able to do more with less may sound impossible - it isn’t. Leveraging technology can significantly reduce many of the tedious manual...
read moreLearn how one simple solution solved a BIG problem
My first three articles focused on the Capture. Manage. Automate.™ process and how it can be applied to Accounts Payable departments. So how does it apply to real working Accounts Payable departments? Here is an example of a real problem we solved for one of our...
read more5 Common AP Pain Points and How Automation Can Fix Them
We asked our Accounts Payable Specialist, Carrie Venner, to share some of the pain points she hears from clients about their AP departments, and her advice on how to handle them. Here's what she had to say: "Shortly after becoming an Account Manager at Polar Imaging,...
read more12 Benefits of AP Automation
If you have been considering automating any of your Accounts Payable processes, here are 12 benefits of doing so: 1. No more opening and sorting mail Use our mailroom services to eliminate the tedious process of opening and sorting mail. Electronic invoices are...
read more7 Reasons to Outsource Your Document Scanning
Often times when you hear of document scanning services you probably think “we can do that ourselves.” In theory it does sound simple. You probably already have some type of scanning equipment, so how hard can it be? Here is a look at our scanning process and why you...
read moreBarriers to Accounts Payable Automation & How to Overcome Them
Despite significant advances in technology in the last few years, many AP departments are still processing invoices manually. Even when invoices are received electronically many AP departments are still printing a paper copy. So why are so many AP departments...
read moreCapture. Manage. Automate.™ How it applies to Accounts Payable. Part 3: Manage
Once your incoming invoices have been captured and gone through your automated AP process, the final step is to manage these documents. Effectively managing these records is important for government compliance, quick retrieval and maximizing your overall ROI. There...
read moreCapture. Manage. Automate.™ How it applies to Accounts Payable. Part 2: Automate
After your incoming invoices have been captured within your AP department, the next step in the Capture. Manage. Automate.™ process, is to put these invoices to work through automation. Before you can begin to automate your AP process you must have a thorough...
read moreCapture. Manage. Automate.™ How it applies to Accounts Payable. Part 1: Capture
You may have noticed our trademark phrase “Capture. Manage. Automate™” in our logo. These three words hold a lot of power once you understand the substance behind each word. Capture In an AP environment, the first capture step is converting paper documents into...
read moreThe Benefits of Scanning Medical Records
If you’re still filing patient records in a cabinet, drawer, or off-site storage facility then you should rethink that strategy. With the ever-expanding volume of records that physicians manage every day, there are many reasons why you should be scanning medical...
read more
