This sophisticated paperless accounts payable system enables you and your staff to process invoices with new levels of efficiency – reducing what could currently take several days to just hours.

Hosted by Converga in New Zealand, Paperless Accounts Payable can be accessed online from any computer with internet access – so invoices can be approved in seconds, or notifications of rejected or held invoices automatically sent to suppliers.

You’ll be able to:

• dramatically reduce your accounts payable processing and data storage and retrieval costs
• slash your invoice processing times
• maximise early payment discount opportunities and minimise late payment penalties
• access efficient reporting that enables you to see where money is being spent and the value of current liabilities
• eliminate data entry and paper work – it’s all done at a Converga Technology Centre
• achieve up to a 99.9% data accuracy rate
• free your staff from mundane manual processing work to concentrate on core business priorities
• eliminate any requirements for infrastructure.

Paperless Accounts Payable:

• recognises both paper and electronic invoices
• can identify and extract relevant identifiable data from invoice images or other supplier-provided digital formats
• includes a rigorous audit process that captures all invoice activity down to individual user level and creates a comprehensive audit trail for each invoice
• stores images and data captured from invoices that you can immediately access or have uploaded to your own ERP system
• is scalable for your business’s changing needs and designed to handle times of peak demand.

Want to see how it works? View our workflow diagram.

Download a Paperless Accounts Payable case study.
Download the Paperless Accounts Payable service sheet.