It is a document-driven process, whether the invoice comes by mail, by email or as a Web download
We are back now to the wonderful world of invoice management and workflow . Just a quick recap on the why we do it: Enforce best practices and procedures Accelerate process cycle times by automating repetitive tasks Change business rules and logic without requiring IT resources Ensure accurate data entry or document creation Manage and monitor personnel and operations performance I like to think of invoice management and workflow a bit like driving
In an AP automation project, you should convert every incoming document – paper, email, Excel, doc, Web download, whatever – into a common digital image format. Using a standardized document makes it much easier to communicate with the rest of the organization
Every year in the document imaging space there is a new central topic of interest...Invoices are one of the highest demanded documents to automate, yet AP projects have a HUGE failure rate
” Q: Why aren’t more companies using document imaging/capture tools?
As a follow up to my previous post , Aberdeen just released a study titled, “AP Invoice Management in a Networked Economy&rdquo
The US Treasury and the Office of Management and Budget (OMB) created the Office of Financial Innovation and Transformation (FIT) within Treasury’s Fiscal Service
As corporations struggle to improve their financials and increase their ROI’s it would benefit them to take a hard look at what a company can do to improve the environment. Take these facts for example, based on each i nvoice it takes one average tree to produce 2778 invoices. With...
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 . Most of the comments dealt with using executive management mandates, newsletters and mass emails, and training sessions