Invoice Processing & Accounts Payable Automation
The benefits of applying document management technologies to invoice processing activities are widely known; however realization of those benefits usually involves a significant capital expenditure. That up-front technology expenditure is not part of an OnCourse solution.
Our clients engage OnCourse to convert invoices received as e-mail, fax, and paper into an electronic workflow without the requirement to buy technology that may be outdated before you recognize a ROI. OnCourse has developed a front-end processing solution that replaces the labor intensive steps in AP including all mailroom activities, scanning, and data capture, backed with extensive quality control that generates accuracy approaching 100%.
When uploaded to your ERP system and an electronic workflow/archive solution, the OnCourse solution:
- Assures immediate visibility of all liabilities in the AP approval flow
- Dramatically reduces the approval cycle time
- Allows for a significant reduction in FTEs
- Facilitates greater process control with robust reporting capabilities
- Reduces the IT burden for your department
- Frees up capital for other projects
Automating manual processes improves the predictability of results which allows you to enhance the way you manage your operations and control costs. Allow OnCourse to evaluate your manual processes and work with you to create a flexible yet cost-effective solution that seamlessly meets and exceeds your goals.