Before DocuWare, paper invoices circulated manually for approval, making tracking difficult. Now, we monitor our cash flow in real time, knowing precisely the location of each invoice.
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Efficient accounts payable (AP) processes are essential for maintaining the financial health of any organization. By automating these workflows, businesses can reduce errors, save time, and improve their financial transparency. In this article, we explore the key steps to implement accounts payable workflow automation and the benefits of streamlining this critical business function.
Digitalizing accounts payable (AP) invoice processing is one of the most cost-effective ways to use automated workflow. By replacing manual processes with modern paperless workflows, your accounting department can easily reduce the total time it takes to process an invoice by more than 60%. In this article, we’ll provide the information you need to choose the best AP automation solution for your company.
This article explains the role of workflow forms, presents customer case studies and delves into best practices for creating web forms that optimize data collection and integrate smoothly into broader workflow processes.
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Before DocuWare, paper invoices circulated manually for approval, making tracking difficult. Now, we monitor our cash flow in real time, knowing precisely the location of each invoice.
It was a no-brainer. We are saving money because we’ve improved our efficiency and eliminated offsite storage costs.
I knew that if we could realize more efficiency in handling our records and reporting that my staff could devote more time to serving the people of Porter County. Implementing DocuWare allowed us to streamline time-intensive administration tasks and helps prepare us for the next century.
The ability to search our database has made a huge improvement in our efficiency. We’ve eliminated at least 100 hours a month in our Bookkeeping and Credit departments alone. Finding our documents is tremendously easier.
Our DocuWare system paid for itself once we were using it for accounts payable and quality control documentation. Our ROI improves every time we add a new process, such as our sales orders and invoicing.