The Problem: AP Invoice Approvals
Providing an efficient and structured system for managing the Accounts Payable approval process. The need to have invoices approved in a timely manner, enforcing accountability, and eliminating lost documentation were the key goals for implementing the DMS Approval System.
The Problem: Time Wasted with AP Documentation
Too much time spent matching AP invoices with PO’s and receiving documents to verify and approve them for payment.
The Problem: Flexible Client Accounting
Finding an accounting system flexible enough to serve a variety of different types of client’s needs. (Manufacturing, Wholesale, Retail, Professional, Non-profit)
The Problem: Drowning in Paper
The Accounts Payable department was “Overcome” with massive amounts of paper documentation, generating 100 to 120 boxes full of paper documents each year.
The Problem: Overpayment of AP Invoices
Prevent overpayment of Accounts Payable invoices by providing access to all the relevant documentation to project managers and the management team so that numbers could be verified prior to payment.
The Problem: Managing Client Documentation
Finding an affordable electronic documentation solution which would facilitate storing client documents securely, making them readily available to our team. Having an archive of client documents that eliminated the physical space and manual handling required to file and re-file paper documents.
The Problem: 65% of employees lack bank accounts
A way was needed to deliver pay that was as flexible as paper checks but easier and less costly to distribute.
White Paper: Proven ROI with Document Management
A few of the key problems that DMS solves and how it provides proven return on investment for INTERAC users.