Turbo Charged
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.
Our solution can best be described as a turbo-charger for your ERP. Automate the data entry process to improve speed and accuracy. Make auto-payment on invoices when amounts match and receipt is verified. Finally, automate the process of dealing with exceptions. Applying these practices can produce huge dividends. It sounds so easy, we concede it’s not. But, together we can systematically define your requirements and apply our superior technology and 90 plus years of Van Ausdall experience and expertise to tackle your problem.
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.
One of the key technologies utilized in Van Ausdall’s solution is Un-Structured Forms Processing. This "industrial strength" OCR software can read common data elements from uncommon locations. This is certainly common with A/P invoices. Rarely are invoices from two different companies similar. The cutting-edge software will seek out data elements such as invoice number, purchase order number, invoice date, vendor name, address and phone number. Once an invoice has been processed, a template is stored in order to be used the next time this invoice is encountered.
Van Ausdall & Farrar's Solution Framework employs a project methodology which has improved consistently over the course of hundreds of installations. Our process includes design, installation, prototype/pilot, training and adoption phases. After the project is complete, we assist you with ongoing system support.