Most AP processes are overrun with paper that must be collected, categorized, copied, routed, processed, signed and filed. By eliminating manual processes, your team will have greater control over cash flow and can then focus on strategy and analysis for positive bottom line impact.
With M-Files, all related documents will be automatically managed and stored, meaning that all information is digitalized and can be accessed in intuitive ways. M-Files solution enables AP departments to see a return on investment (ROI) rather quickly by delivering efficiencies in the following areas:
- Transition to Paper-Free (or Paper Light) – An automated AP solution slashes costs associated with the “paper chase” by digitizing invoices and routing them through a more efficient approval cycle.
- Eradicate Manual Tasks – Most of these tasks can be performed through automation, freeing up staff to perform more strategic activities.
- Achieve Instant Access – M-Files system allows you to view your invoice data in context. Clients can easily retrieve all the documents (invoices, etc.) and other information to provide a holistic view of the account status.
- Diminish Exceptions and Discrepancies – Automation allows the client to enjoy the dramatically reduced of manual resolution. Digitized invoices, packing slips, photos and other discrepancy documentation is easy to share with suppliers by just sending them a link.