Paper-based AP is still a challenge
Recently, the MediusFlow team traveled to New Orleans, Louisiana, for the Microsoft Envision 2016 Event. While this convention primarily caters to Microsoft Dynamics users, we had the opportunity to meet hundreds of companies with a diverse range of ERP environments. In attendance were executive and director level representatives from IT, shared services, accounting and general operations departments.
While discussing AP challenges, it was clear that the majority of companies represented had not yet embraced automated workflow for handling their invoice processing. Most had never considered what automation could do for them and a few felt that by saving scanned copies of invoices they had achieved a “paperless” system.
The "aha-moment" of AP automation
It was amazing to experience the “aha-moment” on people’s faces when we demonstrated what a modern AP invoice automation solution can do:
- Automatically capture invoice data from digital documents
- Automatically validate vendor information and certify each invoice’s legitimacy
- Automatically match invoice information to purchase order and good receipt notices
- Automatically code non-PO invoices with GL accounts and route to appropriate approvers
- Automatically archive all invoice information in a searchable fashion
Time and time again, we were asked how robust our product MediusFlow is and the level of flexibility the solution offers to manage a wide variety of invoice processing scenarios. Attendees challenged us with tough questions, all of which were satisfactorily answered because MediusFlow truly is that powerful. And at the end of each response, we further heard time and time again, “MediusFlow can do that automatically?
And the answer is… YES, IT CAN!
Is it time to automate your AP invoice workflow and get rid of paper for good? Explore the benefits of AP automation
or contact us today
to discover the power that MediusFlow can bring to your organization.