Invoice Processing & Accounts Payable Software
Cleardata UK Data Entry offers Invoice Processing and Accounts Payable Software Services. Invoice Processing is an essential but labour intensive business process, costing businesses up to £20 just to process one invoice.
Problems/Costs Associated with Invoice Processing
- Collating invoices from different suppliers in various formats
- Allocating invoices to various cost centres and departments
- Time spent tracking order number and job/contact details
- Costs wasted in photocopying and mailing hard copy invoices
- Currency conversion
- Matching invoices with purchase orders, delivery notes or contracts
- Lengthy sign off and authorisation procedures
- Lengthy processing times due to hard copy processing, lost invoice copies, involvement of many employees, departments and locations
- Mistakes made in manual invoice data entry
- Financial costs when not meeting payment schedules, missed discounts for early payments
- Difficulty in audit trail for invoice processing and payments and matching up with accounting system.
- Your business may be looking to outsource its accounts payable processes or seeking an in-house Accounts Payable solution.
Delivering Savings to your Business
Cleardata UK Data Entry can provide software to deliver significant savings to your business.
The software provides a single ‘start-to-finish’ accounts payable solution, enabling the business to benefit from a compelling return on investment, together with measurable business efficiency improvements for the Accounts Payable Process.
The system can help save 75% of Accounts Payable Processing Costs and offers a combination of intelligent capture, document management and workflow. It can be integrated with existing financial system(s) and help to:-
- Automate capture from multiple different invoice layouts
- Automate registering of invoices to your financial package
- Track invoice status throughout the whole process
- Reduce time taken to process invoices
- Eliminate the need for storage of paper invoices
For further details on Cleardata's invoice processing and accounts payable services, contact Cleardata Entry on 0800 043 5724 or visit our accounts payable processing website.
