Accounts Payable
An integrated system offers convenience and reliability.
- Invoices are processed and managed in a single system
- A paperless system includes the ability to directly:
- Import emailed invoices into the system
- Approve invoices electronically
- Provide a reliable method to track payment status
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Questions and Answers
Q: | How will an integrated system make payment more reliable? |
A: | Having all information in one system makes it possible to access the status of the document at any point in time. |
Q: | How will eliminating paper improve the payment process? |
A: | Physically moving paper through the process creates a risk of having the paper misdirected, payment delays and it is not effective for tracking payment. |
Q: | What other advantages are there to eliminating paper? |
A: | In addition to being eco-friendly, there is significant cost to retaining a paper process, both from the paper to the storage of paper files. |