A paper-based accounts payable process can bring your business agility to a halt. Time is wasted matching invoices with purchase orders, manually routing forms and chasing approvals.
Why outsourcing back-office workflows is gaining steam
Business process outsourcing—hiring a service provider that specializes in back-office operations—is one increasingly popular way to maintain focus on strategic functions and growth.
Unlock information, the lifeblood of your business
When you capitalize on the infinite supply of data stored in your organization’s documents, you unlock potential insights and inform better decision making. Web-based document capture can help.
5 steps to improved AP efficiency
Few functions are more critical than Accounts Payable. Find ways to remove roadblocks and speed up business.
Find your industry
Architecture, Engineering and Construction
Contract terms – Item codes – Phased invoicing - Cost of construction – Time & materials contracts – NET payment terms – Letters of credit – Bills of exchange – Change order
See how others conquered this challengePharmaceutical
Compliance – Supplier purchase orders – Sensitive documents – Master services agreements – Vendor relationship management – Chain of custody
See how others conquered this challengeProfessional Services
Project milestone invoicing – Statement of work – Financial approver signoff – Net payment terms – Retainer Fees – Time & materials billing – Proof of insurance
See how others conquered this challenge/ Architecture, Engineering and Construction Construction company digitizes proof of delivery
Kodak Alaris brings point of entry scanning to branch locations
Harsh conditions at construction sites makes proof of delivery a constant challenge. When customers called for signoff confirmation on invoices, building material supplier Huws Gray needed a way to provide answers quickly.
When asked about the ROI of their investment, they told us they achieved ROI in less than one year.
/ Pharmaceutical Automating accounts payable
Kodak Alaris connects scan solutions with SharePoint
Natural Health supplier Healthworld handled up to 40,000 invoices a year. Adding automation was key to keeping up with growth. Additionally, invoices submitted in different sizes and weights meant robust media handling was a requirement for any solution.
Healthworld is currently using a number of Kodak i4200 and i2600 scanners across various locations, and success with invoice processing has led it to develop new workflows for additional processes such as workplace health and safety.
/ Professional Services Putting live events in focus with streamlined billing
Kodak Alaris orchestrates invoices from a cast of suppliers
When EWI Worldwide supports a live communication event, it does it in a big way. It calls on hundreds of vendors to create its world-class exhibits, events and experiences. When invoices came in, the company needed to migrate from a paper-based A/P process to a digital one.
The company has achieved excellent results with little added investment. Now that the information and invoices are available in SharePoint and there's no printing or hard copies, a recent job was reviewed and approved in just 15 minutes.
