EMC Accounts Payable Automation
Basware Invoice Automation and EMC Captiva help your organization improve overall business performance by minimizing the time and money spent on invoice handling
Business challenge
Accounts payable (AP) personnel at any organization know the pain invoice processing. Because AP departments traditionally rely on papar-based transactions, they also experience long, time-consuming processes. Long processes can result in late or incorrect payments and missed discounts. And in situations where manual data entry is required, delays aren't the only consideration - legal risks resulting from human can be significant.
But is there a simple way for companies to control costs, ensure compliance, and enable a more efficient accounts payable process? The key is to streamline and automate invoice processing by implementing an end-to-end accounts payable solution. This holistic approach allows an AP organization to fully leverage its purchase-to-pay strategy.
By scanning invoices and automatically capturing invoice header and line data, receiving e-invoices, integrating information, and ensuring that information is used, managed, and stored efficiently, organizations can dramatically improve overall business performance by minimizing the time and money spent on invoice handling. With Basware and EMC® Captiva®, organizations can see immediate return on investment and ensure that their accounts payable processes run smoothly.