A streamlined accounting process is critical when it comes to the success of your business, one that involves interdepartmental interaction for transaction and project collaboration. However, many businesses lack automated abilities for document capture and business process workflow. They rely on manual methods of accounting practices for accounts payable and receivable. Eventually, they discover the costs associated:
- Cumbersome transaction documentation matching, unclaimed vendor discounts, late payment fees and ongoing on- and off-site paper document storage costs.
- Delayed order fulfillment due to slow departmental approvals, Customer Service’s lack of current information on client accounts, billing hold-ups, cash flow problems
These problems are rooted in ineffective documentation capture and organization per project and transaction, inability of real-time data updating with the company’s enterprise resource management (ERP) and line of business applications, and lack of visibility throughout these business processes.
IntelliChief’s ECM automates Accounting environments, connecting processes interdepartmentally to eliminate these costly and frustrating situations you face daily.
IntelliChief addresses both Accounts Payable and Accounts Receivable Automation:
AP Automation (PO and non-PO) – when you use IntelliChief, anyone in your company with proper authorization can capture and view any document in your accounts payable system and gain immediate access to purchase orders, acknowledgements, statements, receiving documents, invoices, and checks.
Order Automation – IntelliChief helps you improve your order processing and reduce the order-to-cash cycle by eliminating paper bottlenecks throughout your organization, providing actual paperless sales order processing.