There is a continuous flow of invoices and other documents into every accounts payable department. Content arrives at desks from all over, and, further complicating the process, it is also in various formats. The ability to capture and organize all essential business information can cause a major headache, especially if you are still completing these tasks manually.
Reduce manual AP work with OnBase enterprise content management (ECM). You can capture invoices electronically – whether fax, mail, email, EDI, etc. – and deliver them to the appropriate people for review, approval, and coding. By electronically managing the documents and information that drive AP processes, you maximize the documents and information that drive AP processes; you maximize the benefits of fast and accurate invoice processing. You also improve vendor relationships and have the ability to capture early payment discounts.
Reduce paper dependency to decrease manual work effort
Users quickly access invoices and supporting content – as well as make decisions – from applications and devices they work in every day, minimizing training.
Increase visibility into processes and real-time information
OnBase easily integrates with almost any software, allowing your organization to leverage the value of existing IT investments – like your ERP – by increasing communications between them. You also gain visibility by electronically capturing all documentation in any format and storing it in one system.
Utilize consistent processes to improve control and tracking
Whether using an on-premises or hosted solution, OnBase gives you the tools to ensure consistent record keeping. Additionally, it simultaneously guarantees that the right information is available to the right people. You also automate document retention in a secure system, provide constant disposition and immediately respond to exceptions and audit requests. With control over document revisions and audit trails of changes to records, traceability is non-issue.
Ready to learn more? Explore more Accounting Document Management Automation.