// ACCOUNTS PAYABLE

INVOICE PROCESSING INTELLIGENCE

AP AUTOMATION WITH DOCUPEAK

The Accounts Payable process, even within small organizations, is often a time consuming and value eroding process. For medium to large organizations, the problem can be enormous.

Vendors provide bills in a myriad of formats including paper, electronic, regular mail as well as e-mails.

In order to process them, these bills must be reviewed, approved, and coded (according to a chart of accounts) prior to even entering the accounting system. Needless to say, this is an area that’s ripe for automation as great efficiencies can be created, and money saved.

Despite the AP process existing in all companies, everyone is different. Some organizations have two approval levels, some have three. Others might process primarily PO-based vendor bills, while still others may process primarily off-PO bills.

The underlying DocuPeak platform provides the flexibility to create such custom AP processes, linked directly to your accounting system.

REACH PEAK PERFORMANCE

ACCOUNTS PAYABLE BENEFITS YOU GAIN

SAVE TIME

Simplify the complex and time consuming management of your payables processes

MORE PRODUCTIVITY

Process more transactions without hiring additional staff within your payables department

IMPROVED OVERSIGHT

Allows management to oversee the entire workflow process within an integrated dashboard

ADDITIONAL SECURITY

DocuPeak is backed up to a secondary location so your documents are always protected

RETURN ON INVESTMENT

Your ROI continues to grow the more the system is utilized for automating your payables process

DISASTER RECOVERY

Your data is housed in a state of the art secure SAS 70 Type II certified facility for protection

“The implementation and support have been consistently excellent…including the hand-off after completion.”

“…their support team is knowledgeable, flexible and a joy to work with— I wish they were all like Webiplex!”

 

ADDRESSING DATA EXTRACTION CHALLENGES

It is remarkable that in this day and age, the vast majority of invoices are still sent in an unstructured manner such as a paper or PDF.

However, the fundamental data on a vendor bill along with the structure is quite similar, even from an international perspective.

Webiplex has addresses these challenges since its inception by building cutting-edge features into DocuPeak that can eliminate this old style of doing business.

While the DocuPeak accounts payable solution provides management of the AP process right out-of-the-box, it also has a range of advanced features such as Smart Document Recognition.

This drastically helps eliminate wasted time and employee resources related to manually entering information into your ERP system from paper invoices.

THE KEY TO INNOVATION

GAIN EFFICIENCY FROM DAY ONE

While this may sound like technical jargon to the AP manager, what it means to our clients is that they are purchasing a solution that can drastically innovate their accounting process from all angles.

In short, our clients gain great efficiencies from day one. Then, clients go along for the innovation ride as we create more automated and electronic forms designed to improve the overall customer-vendor lifecycle.

With DocuPeak from Webiplex, your AP process can be streamlined today and automated into the future. Truly, this product is designed to help your organization reach peak performance.

READY TO IMPROVE YOUR BUSINESS PROCESSES?