It’s a great study to use as a benchmark in your organization and should give you an idea if your accounts payable automation is truly automation
The goal was to let customers share their experiences on implementing electronic invoicing and payables automation . It was a great discussion of the following topics: Internal Change Management Supplier Adoption Dynamic Discounting and Card The first discussion dealt with training and encouraging employees to use InvoiceWorks
I often use Accounts Payable (AP) processes as a measuring stick to see how ECM will fit an organization
At a recent IAPP chapter meeting , I listened to a colleague describe the challenges of accounts payable. As manager of the finance department, she finds that all the great advances in communication are only making things harder
So, to really screw things up, you still need a computer. Take accounts payable. It is a document-driven process, whether the invoice comes by mail, by email or as a Web download
Almost every enterprise across multiple industries struggles with at least one paper-intensive, document process such as accounts payable, human resources, healthcare records, insurance claims, loan processing and others
Let’s use a document-centric process that most people should be familiar with; accounts payable and, specifically, invoices. It’s not uncommon any given enterprise to have accounts payable-related transaction content coming into their enterprise in a variety of different forms
Taking the Paper Out of Work Paper-based work is a soul-crushing, profit-sapping drag on individual, team, and company productivity. Paper literally smothers innovation, creating a competitive disadvantage. The Square 9 AI-powered intelligent document processing platform takes the paper out...
Here’s the reference model we use to explain how ECM works with ERP systems to improve Accounts Payable (AP) and other processes
In particular, many document processes can be improved through a DPO approach and often include the following: - Accounts Payable Processing -Sales Order Processing -Insurance Claims Processing -Healthcare Chart Conversion Processing -EOB Processing -Mortgage Application Processing One of the fundamental differences for DPO vs