Accounts Payable Enablement
Take the strain out of Accounts Payable management.
Imagine what you could achieve with time to focus on the things that really matter to your business.
The effort required by the Accounts Payable process constitutes a huge hidden cost. Skilled staff spend time on scanning and data entry, plus the manual processes involved mean there are always errors, losses and duplications for managers to resolve.
By introducing part-automation into the process mapping, we make sure that your purchase invoices are processed faster and more accurately. This leaves you free to accelerate workflow and invoicing, improve cash-flow and focus on strategic management over administration.
The process
- All your Accounts Payable invoices, whatever format or currency they come in, are received by us
- We scan, verify and integrate all invoices and send the information to you
- Your Accounts Payable team arrange payment
- Exceptions or problems are highlighted for resolution
The result
Time optimization
- Managers are freed up to deal with strategic, high-value activities and optimizing performance
- Staff have increased capacity allowing you to do more without increasing headcount
- You can focus on improving your processes rather than simply managing them
- Any exceptions are highlighted and can be resolved more quickly
Cash-flow optimization
- Improved invoice processing speed can help you take advantage of early payment discounts
- A standardised approach across multiple countries and legal entities improves operating cost visibility and enables you to make more informed business decisions
Increased control
- Easy access to guaranteed 99%-accurate data allows you to solve queries quickly
- You can prioritise urgent invoices or high-value applicants
- Increased transparency and faster processing of new accounts helps you improve the flow of new applicants
- Regular business reporting allows you to identify regular problems and make improvements to your processes
- All invoices come in through one channel, removing the possibility of duplication
Improved relationships
- Suppliers are paid on time, resulting in improved relationships with the potential for greater flexibility and increased cooperation
Our service guarantee
- You enjoy complete peace of mind that your Accounts Payable information is accurately processed, triple-checked, securely stored and efficiently managed by an established global leader in information management.
- You have instant access to and control of your information whenever you need it, helping you to comply with industry and EU regulations.
Decreased cost
- Reduce the cost of managing Accounts Payable by freeing up time for skilled staff to be more productive
- Benefit from increased speed of processing allowing for greater throughput
For more information on Accounts Payable Enablement: