Your Accounts Payable Department Could Be Better — With RPA There was a time when many companies who had already automated a number of their processes were still doing things the traditional way in their accounts payable (AP) department. But that’s changing fast with RPA in accounting. According to a recent report by APQC, 59% […]
Episode 3: Automation Assessments, Benefits and Discoveries The following is a transcription from Episode 3 of The Orange Chair Podcast: Automation Assessments, Benefits and Discoveries. Colette Day will discuss automation technology assessments and some common findings she has had through the years as a Solutions Architect for KeyMark. To listen to the full episode, or […]
Decreasing Dependency on Paper, While Increasing Efficiency For many organizations, the challenge is clear: how do you efficiently process a high volume of documents arriving from various sources in various formats? Manually capturing, organizing and entering information into your accounting system can be a burden on resources, have a high margin of error and, more […]
Accounts Payable Automation With document management software from OnBase, you capture invoices electronically – whether fax, mail, email, EDI, etc. – and deliver them to the appropriate people for review, approval and coding. By electronically managing the documents and information that drive accounts payable processes, you decrease processing time, capture early-payment discounts and decrease processing […]
Invoice volume and remote work are on the rise. Can your current invoice approval process support the complexity these trends create?
From Invoice Automation to Procure-to-Pay For over 30 years, the top goals of senior management for Accounts Payable were: reduce costs reduce headcount reduce cycle time. Invoice automation has dramatically helped to achieve all three of these goals. Imaging and automated work flow have been key. Other technologies such as optical character recognition and electronic […]