As a Finance Director, you understand the importance of streamlining your accounts payable processing in order to save time and money. Automating this process with DocuWare and VERTOSUITE Line Items can help you do just that – radically reduce wastage, and improve processing time and accuracy, while also helping to lessen your environmental impact.
DocuWare’s cloud-based DMS provides a configurable solution for managing all aspects of (not just) accounts payable processing from invoice entry (either scanned or email) through authorisation and ERP entry and payment. This allows for faster data capture as well as improved accuracy by eliminating manual errors associated with paper-based systems. In addition, it helps ensure compliance by providing audit trails on every transaction processed within the system.
Vertosuite Line Items is a unique solution that completes the automation circle and is used in conjunction with DocuWare. It can comfortably process up to 5000 documents a day, per business entity either on-premise or in the cloud. With an average of 92.7% automation rate and being highly configurable, it's the newest member of your accounts payable team and delivers accurate and timely invoice processing.
By automating your AP processes not only will you see an improvement in overall efficiency but also reduced costs commonly associated with paper-based solutions coupled together with less time wasted from human error leading towards greater cost savings over time. Furthermore, automating those tasks means fewer environmental resources are consumed thus contributing positively towards achieving sustainability goals.
All in all, implementing automation tools like Docuware & VERTOSUITE Line Items into Accounts Payable operations has proven effective at speeding up workflows whilst ensuring accurate results each step of the way alongside reducing operational costs & environmental impact - making it an ideal choice for any organisation looking adopt greener practices across their business functions
For more information about DocuWare or to have a discussion about how we can help you on your digital journey email us here, complete this form or call us on 0113 887 2400.
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Audit photo by Kelly Sikkema on Unsplash