Attention A/P Professionals!!!
If your Accounts Payable are not yet automated, you understand that the challenges of misplaced invoices, approval bottlenecks, and tedious data entry into multiple systems make your processes soul-crushing, profit-sapping, and a drain on productivity. According to the American Productivity and Quality Center, an invoice can range from 71 cents for those having automated Accounts Payable to as much as $11.50 for those still using a manual process. Those figures will definitely hit your bottom line.
Copiers Northwest’s Integrated Solutions Group has your solution with a Square 9 AI-powered intelligent document processing platform. A Square 9 solution from Copiers Northwest that removes the paper from Accounts Payable has many benefits:
· Improve Access to Documents – With searchable, indexed documents in an Enterprise Content Management system; organizations can access records quickly and easily from anywhere.
· Shorten Process Completion Times – With less time spent referencing files and such as invoice routing and data entry completely automated, organizations can drastically shorten the paid hours it takes to complete accounts payable processes and use those hours for tasks that will better aid your business.
· Take Advantage of Early Payments – With the time saved on invoice processing, routing, and data entry, organizations can reduce costs by taking advantage of early payment discounts.
· Eliminate Errors – With index data being automatically captured and financial data being shared with other applications; employees can focus their efforts on data validation rather than spending time keying it in by hand.
· Enhance Inventory Management – With line-item data capture, organizations with inventory can keep track of what’s in stock and manage costs for an entirely data-driven inventory management strategy.
For additional information on making your business more profitable and be ahead of the competition, contact your Copiers Northwest representative today.