June 12, 2018
A growing number of customers are inquiring about software platforms that can “integrate” their various applications so that data can be easily accessed and shared. As interest has increased, the software industry has responded by deploying solutions based on a Platform as a Service (iPaaS) model. iPaaS is often used by large business-to-business (B2B)… Read More »
May 22, 2018
Are the Accounts Payable Operations measuring their performance? If not, how can progress toward goals be measured? How can issues be identified before getting calls from Vendors? Or worse, Management and Customers? Key Performance Indicators (KPIs) for Accounts Payable can cover everything from the productivity of each AP team member to whether invoices are paid… Read More »
May 22, 2018
Do you want to convert your paper documents to digital? Would you like to scan them yourself? If you do, be aware that your scanner configuration will directly impact your scanning time, storage costs, and data retrieval performance. Scanner Configuration The default scan rate of a scanner right out-of-the-box is typically configured for full color… Read More »
April 27, 2018
Plans are in place to increase sales. It is anticipated that, at the very least, there will be higher volumes of Purchase Orders created, more and different Vendors to manage and an increase in the number of invoices to be processed. Does Accounts Payable have the resources to manage a larger quantity of invoices, vendors… Read More »
February 28, 2018
So, you’re getting ready for a company relocation. You already know that the workflow for the move will include packing, transit, unloading, setup and operational validation to ensure that you are ready to open for business. But did you think about the way you will manage your documents and how that will directly impact your… Read More »
February 13, 2018
It is month end. Invoices for the current period are still being received and need to be processed into the ERP for the close. Do you process them through the AP Workflow System or post them directly into the ERP? Most Accounts Payable organizations would most likely post them directly into the ERP system but… Read More »
January 22, 2018
Universities and colleges are drowning in documents — from applications for enrollment, student records and human resources forms to new digital content, such as online videos and podcasts. For most staff, documents are hard to find, keep track of and manage. Paper is strewn across desks and stuffed in file cabinets, while electronic content is… Read More »
January 11, 2018
What is a Purchase Price Variance (PPV)? It is the difference between a unit price billed on an invoice and the unit price referenced on the related Purchase Order. In some cases, a PPV could be the result of rounding. Especially if unit prices include more than 2 decimal places. PPV can also be the… Read More »
November 15, 2017
Human Resource professionals across America are buried in paper forms and documents. Whether its onboarding forms, such as I-9s, direct deposit documents, or benefits and administrative documents, such as Health insurance, 401Ks, PTO Requests, Disciplinary Forms or Annual Reviews, day-to-day management of paper forms has become unbearable. Ask any HR professional, “Did you enter this… Read More »
November 14, 2017
In Accounts Payable, First Pass Yield can be the percentage of 3-way match Purchase Order invoices successfully processed on the first try compared to the total number of 3-way match PO invoices Accounts Payable attempts to process. What is your percentage of First Pass Yield? What are some of the reasons why 3-way match PO… Read More »
New England Document Systems
750 East Industrial Park Dr
Manchester, NH 03109
(603) 625-1171
