Accounts Payable
Implementing an Accounts Payable Processing solution can streamline and automate the entire accounts payable process. Beginning with the receipt of invoices and supporting documents through approval and archiving. CTI offers solution tools that will enable you to scan, classify, and index paper documents as well as capture electronic invoices. Your processors, approvers, and managers will save time and improve accuracy with tools such as queue-based workflow and automatic notifications—and complete integration with Enterprise Resource Planning (ERP) and other line of business (LOB) systems. Speed the process of archiving and retaining invoices and supporting documents while ensuring compliance with both government and company policies.
Key Benefits
- Increasing early payment discounts and eliminating late payment penalties with automated processing
- Reducing manual errors with efficient data entry through numerous strategies for automating indexing
- Ensuring complete information and accuracy with cross-referencing capabilities for improved vendor relationships and customer service
- Accelerating discrepancy resolution and response times to supplier inquiries with WorkView
- Ensuring procedures and approvals are followed with automatic rules-based routing and processing for corporate and governmental compliance