Accounts Payable Challenges

Digitising the accounts payable process is essential for any organisation looking for transparency and efficiency within its Finance Department. Finance teams experience the same headaches through lack of efficiency and transparency; missed invoices and duplicate payments. These issues have no place in modern finance departments and can be resolved through the simple use of data capture and workflow.

How could your organisation benefit from saving time and reducing risk in the accounting processes?

Financial documents such as invoices are stored in one centralised document pool which users with the relevant permissions can access at any time from any location. Documents are part of the process and so can be linked to each other (Purchase Order Delivery Note and Invoice). Integration with your existing Finance software or ERP system can streamline the accounts payable process further, providing clear transparency and reduce any wasted time rekeying data.  Invoices are captured, validated, approved and reviewed efficiently and without compromise with our document management solutions. 

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The Benefits of Automating Accounts Payable 

  • Each invoice number can enter the system just once, meaning no duplication or documents or payment
  • Email invoices are automatically captured, removing the need to manually entering data from printed invoices
  • All documents are immediately accessible, so nothing gets lost or missed during an audit
  • Reduce approver workload by giving them the time to do their job, rather than sifting through endless emails
  • Redirect invoices if they’re not approved on time, automatically send them to the next in line for approval
  • Quicker processes means early payment discounts aren’t missed.

Perfect Solutions For Your Business!

We are industry experts with over 75 years of combined experience on our team. We have delivered success for hundreds of businesses just like yours.

Document Management

With DocuWare all your documents are stored and shared digitally. It’s faster, more transparent, and more efficient than traditional paper-based methods.

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Workflow

We create digital workflows to meet an organisation’s bespoke requirements.  We can provide an electronic system to track, edit, store and manage all documents associated with any existing or new process.

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Data Capture

Accurate data capture is vital, and some organisations have very specific data capture needs. Our products help extract data for those with high levels of information in unstructured formats.

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Purchase Order Requisition

With our workflow tools we can ensure organisations have a defined process in place to manage and approve purchases, gain tighter control and reduce risk.

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Paper Heavy

Too much important information on paper creates challenges; storage, cost, loss, duplication and wasted time. Digital documents are instantly available and simple to find in one central secure location.

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Contact us now for more information 0161 647 7040

Current DocTech Clients

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york college
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Smithfields UK