As a person working in accounts payable, how much time is spent just getting invoices from your mailroom to being ready to pay? Do you know? You might want to.
We at Recordsforce are happy to announce that as of January 2018 we have partnered with PSIGEN Software, a global innovator in automated document capture, to offer their invoice capture automation capabilities to our invoice workflow approval solutions. This partnership will allow companies to use the PSIGEN product suite for self-serve processing applications where outsourcing is not an option.
Accounts payable departments are a great example of a job where valuable employees often end up doing lots of “bad” work. Imagine your hiring ad for an A/P clerk stating:
At Recordsforce, we know what good invoice workflow should look like. We’ve been doing it for over 10 years, and at this point, we’ve pretty much seen it all. Most people we talk to who are managing their invoice approval workflows in-house know that there are errors in it, but can’t pinpoint why. Below we’ve listed the most common reasons invoice approval workflows are riddled with issues.
When documents get wet, the clock starts ticking. You have less than 24 hours before mold and mildew beginto form. The faster you act, the sooner you can avoid devastating document deterioration. Follow these steps you’ll be able to minimize the damage done to your most important papers after you suffer water damage.
So you’re looking to go paperless and store your invoices digitally through an invoice processing
platform. That’s great! You need to choose a partner that will give you the results and experience you want, but there are so many options, how do you choose? This post will help those seeking to outsource their invoicing choose the right company for their needs.
Outsourcing is no longer just for customer support. The benefits of finding industry experts to complete an expensive, time consuming process at your organization can have a significant positive impact on your business. If you’re looking to hire a third party to complete a business process for you, whether it’s sales and marketing or a highly technical process, you can find a company to do it. Outsourcing is even becoming more common in finance departments, whether it’s accounting, reporting, or even accounts payable (A/P). Because of the resources needed to process invoices and massive amounts of paperwork involved, accounts payable specifically has been an area of increased outsourcing. An outsourced A/P team will handle every part of your A/P workflow while ensuring data accuracy and full transparency. Below we’ve listed the top nine reasons for companies to outsource their accounts payable process.