“lift, clean, and place”
We take all your key data from your documents and put it right at your fingertips without them needing to do the ‘ol tippity tap tap dance.
scan and deliver
5% Reduction in Operating Costs Equates to a 30% Increase in Sales!
On Average, it costs $15.00 to Manually Process one Invoice, 62% of this Loss is in Labor
Also on Average, 3.6% of Invoices have Errors. That means 360/10,000 Payments are made to the Wrong Vendor, have the Wrong Invoice Number or Amount
More than 50% of Eligible Vendor Discounts are Missed Due to Manual Processing Times
Less Frustrated Workers
Advanced Capture is used in virtually every department in any type of business that employees are manually matching documents, sorting and taking data off of documents or systems, and re-keying into another system/location. The data extracted can also be verified, validated, or even have mathematical rules applied prior to initiating a workflow for approvals and/or notifications. A very simple example of this is in Accounts Payable: because every business has to pay bills : (
If any of the following applies in your AP department, then you may be able to benefit from AP automation.
Manual Entry of Invoice Data
Manually Routing Invoices for Approval
Manual 2 or 3-Way Matching of Documents. Examples: Invoice, PO, BOL, PL …
Complex GL Coding
Duplicate Invoice Payments
Locating Lost or Misfiled Invoices
No Management Visibility
Making Copies of Invoices
oh the possibilities
Any of this Sound Good?
Improve Cash Flow
Increase Security, Efficiency, and Accuracy
Capitalize on Early Payment Discounts
Implement Disaster Recovery
Ensure Policy and Procedures are met.
Better project spending
Have complete Audit History- 100% real time
visibility of each invoice for accurate Budget Forecasting and Liabilities.
Can provide visibility to employee productivity
“Our solution and process redesign has resulted in a reduction of $40,000 in annual cost and 45% gain in time efficiency.”
—Brandon Chapman, Tulsa Community College
“Another advantage is that Jabil can now effortlessly track each invoice at each stage of the process – from receipt through payment. This was not possible before, as invoices could be in transit between the offices, sitting on a desk awaiting review, or in a file cabinet drawer.”
—Dave Waller, Jabil’s Director of Accounting
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Round Table Discussion
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Schedule A Needs Analysis
We will do an in-depth dive on your unique business process where we will identify where automation can fix your pain points and improve your ROI.