Paper-based accounts payable processing is often labor intensive and inefficient.
Accounts payable is often the first area that companies convert to paperless workflow for a number of reasons. Slow Accounts Payable approval and payment can mean missed discounts or late payment penalties. Accessing documents in files when questions arise can be time consuming, to say nothing of the file cabinets needed to store all the documents.
Increased Efficiency with AP Data Capture, Processing and Automation
Invoice Data Capture
Efficiently processing accounts payable plays a critical role in any organization’s daily operations. IMR Digital’s business process team will work with you to develop an invoice capture procedure tailored to meet your company’s needs.
Let us help you streamline your accounts payable process by imaging and converting incoming vendor invoices. Invoice data capture eliminates manual entry and human error. Whether invoices are received via mail, email or fax, each invoice is digitized and uploaded to the IMR Digital Application Service Provider (ASP) system.
Each invoice is also indexed, which enables quick searches for key information and document retrieval. The ASP system allows for real-time access to accounts payables and details.
In addition to invoice data capture, IMR Digital can also provide complete Invoice Processing. Based on your specific accounts payable processing requirements, we manage each step along the way. Our invoice processing services include intake of invoices, data capture, vendor information extraction, and exception handling.
Accounts Payable Automation
We don’t replace your Accounts Payable systems – we help them perform better. IMR Digital’s Accounts Payable Automation Solution is designed to work with your current technology infrastructure to maximize your investment. Users have only one application to learn for daily use, reducing errors and eliminating the time wasted working with different systems. Our AP Automation solution eliminates paper and disconnected systems across the accounts payable process.