Accounts Payable – Business, Medical – Capture, Workflow
Scanning invoices, digitizing the processes and automating workflow for Accounts Payable is now an accepted best practice. Global competition demands that businesses and healthcare providers modernize inefficient, error-prone and costly legacy AP processes.
“It’s no longer a question of whether accounts payable should be automated, but how to automate and to what extent.”—IOMA
“How to automate and to what extent”
IPS answers the “to what extent” question by keeping our customers in complete control of their knowledge-based AP tasks. IPS focuses on the critical non-knowledge-based AP components, such as information capture and workflow processing. Scanning invoices and intelligently capturing data from paper, PDF and Excel invoices speeds invoice processing, eliminates bottlenecks and dramatically improves accuracy.
Click here to read an Accounts Payable Case Study
IPS customers include many of the top 15 companies on the Fortune 500, including 3 of the top 5 financial services companies. Services include IPS Digital Mailroom for electronic and paper AP document receipt, document scanning services and data capture, IPS Digital Workflow, web-based document hosting/archives.
IPS also provides process integration with all major accounting/ERP platforms including: SAP, Oracle, Lawson, JD Edwards, Great Plains, PeopleSoft and others.
IPS Accounts Payable digitization enables companies and healthcare providers to:
- Reduce transaction costs by over 50%
- Improve average data accuracy to 99.995%
- Speed process time by an average of 40%
- Audit document flow for process transparency and reporting
- Enable true back-office scalability
Interested in learning more about how IPS can digitize your organization’s accounts payable processes? Contact us today.
