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Automating Accounts Payable: Building Your Business Case
As you are increasingly aware, A/P processing is very labor-intensive and costly. The crux of the problem is that invoices are as diverse as the business environment itself, and that these documents exist as ever-changing repositories of unstructured data.
A key factor in the success of automating A/P processing is intelligent data capture (IDC)—the ability of a software solution to handle unstructured data. Unlike forms-based tools, IDC-based solutions automatically recognize, classify, extract, verify, and export data from invoices into ERP systems for further processing.
This webinar covers some of the most important developments and benefits of today's intelligent data capture and automated processing software for A/P operations. By understanding these tangible benefits and cost-efficiencies, you will be able to build a business case that clearly demonstrates the corporate-wide ROI that can result from incorporating these value-added technologies.
Length: 353
Rating: 0.00 (0 ratings)
Tags: A/P AP Automation Accounts Payable Document Processing Invoice
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Alltel Wireless Automates Accounts Payable with Brainware
Alltel Wireless faced a unique set of challenges in its A/P department. The telecommunications provider completed a spinoff of its landline business that split its accounts payable team of 45 employees in half. At the same time, Alltel received an unanticipated inheritance - a procurement division that was receiving an additional 5,000 invoices per month. What made the situation even more difficult was that Alltel received its invoices two ways: through the mail and via an electronic mailbox that was "electronic" only to vendors. The fundamental issue was that data entry is a monotonous and, at times, mind-numbing job. In addition, the A/P division was experiencing multiple keying errors.
Alltel's VP of Procurement created a team to look at the accounts payable department to figure out how to put the A/P process back on track. Alltel's management realized it needed to deploy a solution that would automate the process and reduce the company's dependency on temporary workers.
Before the implementation, Alltel was missing 60% of available early payment discounts because it just took too long to process the invoices. In 2007, following the implementation of Brainware Distiller, the company was able to take 17 times the number of discounts it did in 2006.
Length: 265
Rating: 0.00 (0 ratings)
Tags: invoice processing brainware distiller alltel
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P.O.D(payable on death):tribute to Jason Truby/Marcos Curiel
A tribute to christian rockers P.O.D for reuniting with their original guitarist Marcos Curiel. Jason Truby also included in the slideshow for the memories.
Length: 259
Rating: 4.70 (24 ratings)
Tags: P.O.D Marcos Curiel payable on death Jason Truby
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P.O.D(Payable On Death) Song: Will you
subscribe to me if u want me to upload more songs and crappy movies lol also leave comments and rate please :) PEACE!
Length: 226
Rating: 4.30 (19 ratings)
Tags: P.O.D(Payable On Death) Song: Will you 1DeadlyShinobi
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Pay News Network: Your Paycheck, NPW, Accounts Payable
Pay News Network is the number one source for payroll and accounts payable news. Hosted by Dan Maddux, Executive Director of the American Payroll Association. This edition features an address for new APA President Emily Rook, National Payroll Week, Pay Points, Regular Rate of Pay, Capital Summit, Form W-2 regulations, the American Accounts Payable Association and much more.
Length: 566
Rating: 5.00 (2 ratings)
Tags: American Payroll Association Accounts Payable PNN National Week Emily Rook Dan Maddux APA President Pay
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Payable On Death-Goodbye For Now
Music Clip
Length: 235
Rating: 4.90 (37 ratings)
Tags: 777
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Alltel Gets Accounts Payable Back on Track with Automation
Like many AP organizations, Alltel Wireless has been tasked with doing more with less resources. When the landline division spun off, the AP group was left with half the staff and over 13,000 (mostly non-PO) invoices per month to process.
They had previously implemented EDI and workflow but were still unable to meet their targeted discount percentages or reduce their dependancy on temporary data entry personnel.
Please join Lynn Smith, Staff Manager - Finance of Alltel as she walks through how her team went from understaffed and overwhelmed to exceeding their 2007 goals and enjoying a smoother year-end close - all by automating invoice processing.
Length: 289
Rating: 0.00 (0 ratings)
Tags: Alltel Invoice Processing AP A/P Automation
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Payable On Death
Going in blind
Length: 245
Rating: 5.00 (9 ratings)
Tags: POD
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