Are you paying too much to process invoices? A recent study by the American Productivity & Quality Center indicates that companies without an established AP automation and invoice processing solution pay as much as $10 to process just one invoice. Let's take a look.
Sending your documents out to a professional printer may be business as usual for you, but if you spend a lot on production print and related costs, it's worth your while to re-examine this process. Regardless of your line of business, there are many reasons to consider bringing your production printing in-house. Not only can you save on time and expenses, but printing in-house also allows your company to retain full control and ultimately be more satisfied with the end result.
Do you have a clear picture of how much your organization spends on printing? The associated costs go beyond paper and toner, extending to equipment costs, service level agreements, maintenance, and parts. On another level, expenses incurred to order and manage supply inventories, address issues like paper jams and error codes, and recover from equipment downtime must all be factored into the equation.
It's easy to see how print costs can be much higher and more difficult to control than many companies realize.
Would you like to reduce or eliminate your company's need for paper-based business processes? Here's how PSIGEN's PSIsafe capture and content management solutions can help you reach your goals.
Are your AP processes still dependent on manual, paper-based processes? Last-century solutions have no place in today's highly competitive environment, but AP automation and invoice processing can provide next-level solutions to help you take back control. Here's why you'll want to consider making the switch.
Do you have a sinking feeling that your office isn't nearly as productive as it should be? Do you know what's standing in your way? For many organizations, a few seemingly simple changes could be all that's required to bring about some revolutionary changes.
Implement Simple Changes
You don't need to reorganize your entire company to bring about drastic improvements in productivity. Often the solutions to increased efficiency are right in front of us.
Managed print and cost savings are tied closely together. Through reduced print volumes, optimized fleets, and ongoing support managed print services lowers your organization's print management responsibilities while also lowering costs. Here's how to tap into managed print savings.
Have you considered taking your business from an office-based company to a completely virtual organization? It's a concept whose time has come, and for many companies, virtualization is the next step in their digital journey.
You can't control how invoices enter your business, but you can control how you handle them once they've arrived. If paper-based AP strategies are a source of bottlenecks and pain points, read on to find out how electronic AP automation and invoice processing solutions could benefit your business.
A recent M-Files study revealed that while businesses have access to electronic workflow solutions, paper is still present in the office. Knowledge workers still print documents unnecessarily, and the problem is exacerbated when business leaders fail to implement organization-wide electronic solutions for approvals and signatures.