Category: Accounts Payable

Mailroom Automation: Why You Should Outsource Your Mailroom

Tackling your paper problem can be difficult if you ignore the source. Many organizations have set out to improve their paper-intensive processes with workflow automation – yet many have not addressed a major contributor to their paper problems…invoices received in the mailroom. The solution? Mailroom automation. In order to increase mailroom efficiency and drive productivity… Read More »

Important Accounts Payable Metrics

Is your Accounts Payable department performing at its best? How can you tell? In order to be successful, organizations should strive for continuous improvements and establish evolving objectives to push innovation, efficiency, and success. However, identifying areas for improvement and implementing change can be difficult without first understanding your current situation. Your accounts payable department… Read More »

How Accounts Payable Automation Works

If you are currently investigating an Accounts Payable solution, then you are looking for the benefits that AP automation can have. When it comes to your company’s finances – ROI is the name of the game. However, once you have discovered the benefits that accompany a great AP automation solution, you now have to understand… Read More »

What is the Average Cost to Process an Invoice?

What does it cost to process an invoice? If your organization has a best-in-class AP invoicing process – then the answer is around $3.34. However, for the average organization, the cost to process an invoice is about $7.00. While the cost of invoice processing varies from company to company, there is one undeniable truth: Paper invoices and… Read More »

Accounts Payable Mailroom: Enhanced, Expanded, and Streamlined with Kodak

Front-end Accounts Payable (AP) pre-processing mailroom services are a featured solution and significant portion of New England Document Systems’ service bureau operations. Over the years, as this line of business grew, NEdocs know it needed to research and purchase new scanners to gradually replace older models. View the full Kodak case study here. New England… Read More »

Manufacturing Invoice Processing: Success Capsule

A medical device manufacturing company in Massachusetts recently turned to us to help them “go paperless.” NEdocs was able to do so by scanning all of their Accounts Payable invoices – allowing our customer to free up space, be more productive, and process significant increases in invoice volume. The Need for Paperless AP The company… Read More »

AP Automation | 7 Reasons to Automate your Accounts Payable Processes

Why should you invest in AP automation? Every organization, regardless of size, industry, or service, should be looking to streamline their internal processes – and your Accounts Payable department is no exception. Companies are taxed with the constant need to reduce costs, maintain regulatory compliance, increase process visibility, and improve efficiency. Automating your Accounts Payable… Read More »

How HR Can Leverage AP Document Management

If your accounts payable department is using document management as a way to archive and/or automate the processing of invoices, you can use the same system in human resources to automate new employee on-boarding and to make employee records instantly available – all for an incremental expense, rather than making a significant capital investment. Similarities… Read More »