Automated A/P Processing
Custom Paperless AP Processing Solutions
Automate AP Processes with Imaging and Workflow
AP document management avoids three common cash leaks.
When organizations need to optimize AP, they face inefficiencies in three major areas...
By electronically capturing paper AP documents as soon as they come into the organization, they can be immediately available for processing. No more waiting on interoffice mail for accruals decisions or exceptions resolution requiring supporting documents. OnBase Workflows automate workload distribution, reviews and approvals. AP departments process more documents in less time. Without custom programming.
Manual data entry creates hidden expenses and inefficiencies inside an accounts payable department. Every invoice that comes into your organization contains data that must be transferred from paper to financial and document management systems.
The most expensive bottlenecks:
- High error rates
- Late payment penalties
- Lack of visibility & control
- Manual sorting, copying, storing
- Increased staff requirements
Customized Solutions for All Industries
Van Ausdall & Farrar's Automated A/P Processing solution is driven by clear objectives that are defined by the customer. You define. We listen. Our proven implementation technique will be tailored around a custom solution that is designed to define your process, not change you business.
- Unstructured Forms Processing
- Advanced OCR (Optical Character Recognition)
- Customized Workflow Design
Automated AP Processing Benefits:
- 50% or more average cost reduction per invoice
- Increased accuracy & productivity
- Seamless integration with existing ERP & AP systems
- Reduced cycle times on an order of magnatude
- Visibilty and compliance improvements
We are a Full Service Document Solutions Provider
Our teams of trainers, product specialist, project managers and developers are consistently delivering exceptional service to our customers.
- Design & Development
- Prototyping
- Training & Adoption Management
- Support Services
Our goal is to collect all pertinent information and produce electronic documents along with actionable metadata. Regardless of whether it’s an EDI invoice or a paper Bill of Lading, there are key fields of data that must be collected into a structured database. A particularly impressive ROI can be generated when an organization’s distant offices are either processing A/P transactions remotely or overnighting payment packages to headquarters. Because the initial step is usually the conversion of data into digital format, a secure intranet infrastructure can be invoked. These dramatic steps can make a significant impact on operating expenses.
