It distributor automates its accounts payable processes in order to save time & eliminate errors.
The Accounting & Operations team has been doing Accounts Payable processing manually leading the employees do timeconsuming tasks repeatedly resulting in wastage of time & energy. The management has thus decided to automate the same in order to bring effectivity & efficiency in carrying out day-to-day business & reporting activities.. Currently, the accounting departments has a huge dependency on manual employee involvement and paper invoices in order to process payments. The client needed their invoicing and non-payroll payments to be automated.
Automation of the entire process starting from receiving the invoice from the supplier via email to cross-verifying the same in the respective Purchase Order to posting of the Invoice in the system. This is followed by verifying whether the correct accounts have been given the correct effect along with the respective amounts in the ledger book.
o Saves Time
o Saves Money
o Improved Business Relationships
o Eliminates Errors
o Better Insights & Transparency
o Streamlined, Accurate Processing
o Early Payment Discounts