Committed During COVID-19
The following is what NEdocs has accomplished to date in order to ensure our customers' work is continuing without interruption during the COVID-19 Pandemic:
May 31, 2017
Any organization today should consider implementing a digital mailroom when volumes of incoming email and paper mail start to burden the company with excessive document processing costs. Perhaps you’ve reached this point in your business but don’t know where to begin. Well, your current mailroom is the place to start the process of digital mailroom… Read More »
May 23, 2017
Accounts Payable Workflow Systems can automatically manage 2-way PO Invoice Matching and Routing to Approvers if the rules of a Company’s manual process can be documented and presented to a Provider for configuration in the System. As mentioned in the previous article, one of the first conversations a Company has with an AP Workflow… Read More »
April 3, 2017
The most significant benefit of Accounts Payable workflow is the automatic matching of PO invoices to the related Purchase Order and posted goods receipts details. By implementing such a system, a company could choose to allocate AP resources to more value-added tasks. The risks of matching errors would also be greatly reduced. If matches… Read More »
February 23, 2017
As mentioned in prior articles, an Accounts Payable Workflow System can systemically apply business rules . . . but only if the system can “read” the details needed to do so. For example, an AP processor may know an invoice is from a Vendor that offers a Prompt Payment Discount because the terms are printed… Read More »
January 27, 2017
Once a Company starts contacting Accounts Payable Workflow Providers, it enters the Potential Provider’s sales cycle. Listen carefully, ask detailed questions, and take notes. As expected, the Company will hear all the benefits of implementing that Provider’s AP Workflow System. A Company may walk away from such a conversation feeling like that system can process… Read More »
December 28, 2016
If you were to create process maps for every type of invoice scenario your company has, how many decision blocks would there be? PO or Non-PO? 2 or 3-way match? Inventory or not? Sales tax due or not? Which Company or Location Code? How much decision making is an Accounts Payable processor responsible for? We… Read More »
December 12, 2016
As we approach the end of another year, lots of businesses are thinking about, have started or are well into their year-end tax planning so they can estimate their 2016 tax burden and file in full compliance with the IRS, State and local governments. Business tax planning during the last couple months of the year… Read More »
December 2, 2016
When I first started managing an Accounts Payable team, the biggest challenge was managing the paper which included obtaining approvals and resolution for exception invoices from various locations. Too much time was being spent on opening mail, printing invoices received by email, sorting between Purchase Order and Non-PO related invoices then copying or scanning the… Read More »
October 28, 2016
First, let’s consider the definition. A disaster is a severe inability to function as usual. Does your company have a Disaster Recovery Plan? Is the Accounts Payable operation sufficiently covered? For this article, I am assuming the answer is yes but what would have to happen before the plan is activated? Over the course… Read More »
September 22, 2016
Have you considered that vendor invoices and other payment request documentation is not just about the paper? In some cases, the details added to an invoice by employees, both in and outside of Accounts Payable, could be more critical than the document itself. After all, a copy of an invoice could always be requested from… Read More »
New England Document Systems
750 East Industrial Park Dr
Manchester, NH 03109
(603) 625-1171
