How Much Money Is The Paper Chase Costing You?
Electronic Document Management (EDM) is now the industry standard and allows A/P Departments to streamline their entire cash flow process and save money.

White Paper for Accounts Payable Automation

Emphasis on cost containment and productivity enhancement during the past few years has inspired accounts payable professionals to seek out new ways to automate traditionally paper-based, labor-intensive processes. The need to document and secure these processes to ensure compliance with Sarbanes-Oxley has provided further impetus. PayStream's research indicates that businesses are turning to Imaging and Workflow Automation (IWA) solutions to streamline the invoice receipt-to-pay cycle to meet these new requirements for efficiency and control.

Consider the results of their 2004 Financial Automation Survey of Fortune 1000 finance, treasury, and accounting professionals:

• 40.0 percent and 27.4 percent of respondents said that workflow tools and imaging and document management solutions respectively will be critical to their payables automation strategies for the next 18 months;
• 30.1 percent and 27.4 percent of respondents said that they plan to deploy an imaging and document management or workflow solution respectively during the coming year.
  

Our solutions enables you to do more with less.
How do you balance the need for speed and efficiency with the need for accuracy and control? Fewer personnel are available to provide proper control and oversight on increasing transaction volumes. Because of the convenience and accuracy of digitally scanned documents, it’s easy to manage all the detailed information that your Accounts Payable tasks require.
You save time and money. Case Study

It all starts by simply scanning your incoming paper invoices.
Automating your Accounts Payable Process will meet the increasing demands for flexibility and efficiency. Close books and post transactions in a timely fashion. Create audit trails and meet emerging compliance demands. Most importantly, the software facilitates the best relationship possible between your internal clients and their suppliers. Doesn’t that just make sense?

Less Effort Lower Cost
The return on investment begins immediately. Facilitate rapid entry of vendor invoices. Avoid late fees while qualifying for early payment discounts. Decrease man-hours spent searching for records that are now available on your computer desktop. Recoup money often lost due to paperwork mishandled by outmoded paper filing, such as duplicate or fraudulent invoicing. Reduce your company’s storage cost and create office space. Eliminate overpayments caused by supplier billing errors, supplier changes, or mistaken approvals. Case Study

Full compatibility
Upgrading your Accounts Payable Process is simpler than you might imagine, because our software works with the software your company is already using. The compatibility reduces the need for extensive customization and has the ability for direct integration via certified interfaces. SAP,NaV,SageKHK, Exact.