Capture. 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...
Document Capture & Management – Not Just For Large Corporations
Document imaging and management solutions aren't just for large corporations anymore. Small businesses around the world are starting to benefit from these invaluable tools for saving time and money. We're busting five myths about document imaging and management for...
Capture. 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...
Capture. 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. In an AP environment, the first capture step is converting paper documents into...
Tip #5: Improve Your AP Department by Increasing Morale
Tip #5: Improve Your AP Department by Increasing MoraleSome accounts payable managers have a difficult time keeping employees motivated. There are many reasons for this but we’re shining the light on one particular reason: repetitive, manual processes. These...
Seven Reasons to Lease Your Document Management Software & Equipment
Document imaging and management solutions are a no-brainer for efficiency and savings but it’s not always an option for some companies to purchase their systems upfront. Here are seven reasons you should consider leasing instead: 1.Conserve valuable working capital –...
Document Management in HR Has Great Benefits!
Why does it matter?Why should Human Resources departments bother implementing a document management system? Below, are 10 reasons why it’s a good idea to switch out paper-based processes to electronic form. 1. Easy to implement and manageThe process of a DMS is...
Improve Your AP Department with Tip#4: Fast-track Your Approval Process
Tip #4: Fast-Track Your Approval ProcessYou can improve your AP department by speeding up the invoice approval process. Considered as being slow and inefficient in the majority of organizations, the approval process can cost companies a lot of money without realizing...
Improve your AP Department with Tip #3: Get rid of old, costly data.
Tip #3: Get rid of old and costly dataYou can improve your AP department by purging old, unwanted data, especially if you’re backing that data up. After the required retention requirements on documents are expired, you should be ridding your department of it.If you...
Tip #2: Improve AP Cash Flow to Improve your AP Department!
Managing cash flow efficiently can be a big problem for AP professionals. Luckily, there is an easy way to bring it back under control.Tip #2: Improve cash flow You can improve AP cash flow by cutting the costs of purchases. How? By leveraging early-payment discounts...
Tip #1 for Improving Your Accounts Payable Department!
As an Accounts Payable manager, we know that you’re under pressure to run your AP department as efficiently as possible. Finding and implementing solutions for your AP problems, (from managing invoices and supplier relations, to keeping productivity high and turnover...
What’s Paper Costing Your Business?
Every wondered what paper-based processes could be costing your business? This infographic includes some frightening statistics! If you're interested in learning more about saving time and money, we have the perfect ECM solution for you!
