The Vendor Portal Pipe Dream
A realistic option – or roadblock
preventing true processing automation?
The Hunt For Productivity
The vendor portal, it conjures up images of accounting departments and vendors working side by side for the good of all. As organizations strive to increase automation and streamline transactions, is the vendor portal still an effective strategy? The answer may depend on a few key factors.
Do companies wake up one morning with dreams of strong-arming vendors into becoming free part-time data entry operators? Not really. The “vendor portal” concept was designed to address a more widespread challenge within ERP and accounting departments.
That challenge is how to automate the extraction of essential data from invoices, sales orders and other important records in order to process and verify business transactions. There’s an opinion that the vendor themselves are in the best position to perform data entry simply because they know their own records better than anyone involved in the process.
While this may be true, determining the best solution for your business depends on what specific data do you need and what volume of transactions you’re attempting to process during a daily or monthly cycle. Relying on vendors to manually enter a few basic data entry fields may work fine for smaller departments, but if you’re looking to achieve peak performance at scale…there’s a better way with DocuPeak!
Features designed to streamline business processing at speed
Manual File Uploads
Data Entry Performed By Hand
Slow Performance & Quality Control
Flexible Automated Ingestion
Automatic Data Entry
Build To Perform With Quality Control In Mind
Ready To Reach Peak Performance?
Leverage the Power And
Automation of DocuPeak
With our powerful integration, you leverage Smart Document Recognition for automating document indexing and data entry of your key data without manual typing.
This gives you the ability to automate document processing within accounts payable, sales orders and other essential departments. With integrations built for NetSuite, Intacct and others…our solutions are ready to help deliver the data processing automation you’ve been dreaming of.
Who We’ve Helped
Our solutions have helped clients gain massive advantages within their operations