accounts payables invoice automation for sharepoint
TRANSCRIPT
Accounts PayablesInvoice Automation
for SharePoint
Dynamic Payables offers:
» Cost & Risk Management» Process Visibility & Automation» Governance
to account payablesprocessing by utilizing
» Scanning» Workflow» Reporting
on a cost effective SharePoint platform
COST & RISK
MANAGEMENT
GOVERNANCE PROCESS
VISIBILITY and
AUTOMATION
PERFORMANCE
REPORTING
Account P
ayables Managem
ent
Low TCO
Low
OPERATIONAL & IT
RISK
www.dynamicpayables.com
Document Capture» Distributed or Centralized
» Use scanners, copiers, import
» Any Volume
» Any source - Paper, Fax, Email
Scanning
Data Extraction» Automatically read invoice data
» Data Validation to ERP
» Vendor, PO, etc
» Read barcodes
» Totaling checks and balances
» Eliminates/Reduces Data Entry
Approval Processes» Pre-built Non-PO/PO Workflows
» Distributed Access
» Real-time ERP integration
» GL-Coding
» Match/re-try
Workflow
» Electronic Routing and Review
» Notification/Escalation
» Delegation
» Flexible Task Assignment
» Group (claim task)
» User
» Task Security
» Holiday/Work Calendar
Visibility»Full Audit Trail
»Reporting
» Real Time Status
» Historical trending
» Dashboard – Key Indicators
» Vendor servicing
» Current invoice activity
» Research
» “Paid status” notification
Reporting
Document Access» Directly from ERP
» From SharePoint Portal
» Content Searchable
Non-PO Workflow
PO Workflow
» Reduces Data Entry
» Real-time Data Validation
» Reduces Processing Errors
» Eliminates Duplicate Payments
» Reduces Storage and Mail Expenses
» Eliminates Lost/Misfiled Documents» Distributed Access (documents & process)
» Increases Processing Capacity
» Decreases Compliance Costs
Cost Reduction & Increased Productivity
Benefits
» Provides for Early Payment Discounts
» Eliminates Late Fee Penalties
» Process Status and Monitoring
» Ensures Process Consistency
» Facilitates Load Balancing and Benchmarking
» Automatic Communication with Participants and Vendors
» Provides Real-time:
» Reporting and Access
» Key Indicator Monitoring
» Document Access
» Audit Trail History
Increased Control and Visibility
Benefits
Reduced Cycle Times
» Microsoft SharePoint (WSS & MOSS)
» Browser-Based
» Full Featured Document and Records Management
» .Net
» SOA/Web Services, AJAX, XML and SQL Server
» Active Directory Authentication
» Open Architecture/Technology» Enterprise Expandable (HR, Sales & Marketing, Operations,…)
Technical Considerations
Fully Integrated with Microsoft Infrastructure
Lowest Total Cost of Ownership» Leverages Existing:
» Technology Platform (SharePoint)
» Technical Knowledge and Resources
» Scanning/MFD Devices » Menu Driven Report Creation (SQL Reporting Services)
» Flexible, Drag & Drop Workflow Designer
» Preconfigured Workflow Templates
Cost Considerations
Dynamic Payables
» Scanning» Workflow» Reporting
benefits account payablesprocessing through
» Reduced Cost» Increased Productivity» Reduced Cycle Times» Increased Control & Visibility
on a cost effective SharePoint platform
COST & RISK
MANAGEMENT
GOVERNANCE PROCESS
VISIBILITY and
AUTOMATION
PERFORMANCE
REPORTING
Account P
ayables Managem
ent
Low TCO
Low
OPERATIONAL & IT
RISK
www.dynamicpayables.com
For more information or to view a self-paced web-demo contact:
5280 Solutions LLC 877.677.5280
www.DynamicPayables.com
Or contact your Authorized Dynamic Payables Partner