AP AUTOMATION AND INVOICE PROCESSING
Paying bills is a business necessity. However, many small to medium-sized businesses lack the resources to create an electronic Accounts Payable (AP) workflow that helps conserve cash, enables staff to focus on revenue-generating activities and ensures timely payments.
For many companies, the invoice processing scenario involves the common challenges of identifying who should review an invoice, who last reviewed it, and where it is (stuck) in the approval process. As a result, payments are delayed and suppliers are less than thrilled.
With an Accounts Payable solution from HGi Technologies, you can automate all or part of the payables process, saving your company time and money.
With AP Automation, your company can:
- Manage all invoices from a centralized location that utilizes intelligent workflow capabilities.
- Capture important data at the point-of-document scanning to appropriately route invoices.
- Receive notifications based on metadata and dynamic views to categorize invoices by workflow status.
- Eliminate lost or misplaced invoices with an electronic audit trail that conﬁrms the delivery of every distributed ﬁle.
- Take advantage of prompt pay discounts from suppliers.