According to Infor, “approximately 0.1% to 0.05% of invoices paid are typically duplicate payments.” With an average of 10-20K invoices a month, the administrative cost of processing those invoices incorrectly can have a significant impact on the bottom line.
IntelliChief, an Infor Solution Partner, has several ways to help you overcome these losses. Our solution was built to help companies take their Accounts Payable departments to the next level of operational efficiency. Join us for our webinar, Practical Tips for a More Efficient AP Process for Infor LX, to learn how utilizing features such as real-time matching, unit of measure conversion, and data normalization can eliminate data entry errors and save you thousands of dollars each quarter.
In Practical Tips for a More Efficient AP Process for Infor LX, you can take a closer look at the must-have features that make AP Automation a vital component to the overall success of your business. Discover:
- The benefits of real-time integration with Infor LX
- Reduce the number of exceptions in your AP process with unit of measure and part number conversions
- Eliminate duplicate payments and counterfeit invoices with 2-, 3-, or 4-way matching processes
- Reduce manual intervention with data normalization and cross-referencing
Now is the time that companies can benefit from process automation and reap the cost savings from productivity improvement, better visibility into cash flow, and compliance. Attendees will walk away with all the knowledge they need to put together a robust plan to overcome those troublesome challenges that are preventing their businesses from meeting their growth objectives.