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DCS Selected to Automate Invoice Approval Workflow for Leading Real Es
Data Capture Solutions (DCS) has been selected by a leading real estate services provider to automate receipt, capture, classification and routing of their invoices.
The client receives a large volume of paper invoices (about 160,000 invoices per annum) from suppliers that service their properties spread across the UK. DCS will help them digitise paper invoices and eliminate any manual processes as they are slow, ineffective and costly.
Data Capture Solutions has been selected as the outsourced partner to collect invoices on the client’s behalf and return actionable information to their accounts payable (AP) team.
DCS will capture information from all incoming invoices using Kofax Capture software and transfer it to FileStore document management system.
The AP team can access this information directly from a SharePoint interface making it easier and faster to process invoices. Complex matching and approval rules will also be configured within FileStore’s BPM module to ensure that the invoices are directed to the appropriate approvers based on their amount and/or property type.
The invoice processing solution will give the client complete visibility of their purchase to pay cycle and is aimed to double the efficiency of their accounts payable team.
Invoice automation solutions from DCS
For more information on invoice processing solutions please get in touch with one of our business consultants at 01753 616720 or to get a customised quote complete our contact form for a fast tailored response.
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Control everything from requisition, approvals, matching and automated supplier invoice processing
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Transport, copying and filing costs are all greatly
reduced.
Reduces many admin based document processing costs by 50%.
Allows workload to be spread across offices or even
offshore partners as documents are available anywhere. Without digitising paper
documents this could not happen.
Audit trails are automatically kept giving better
business compliance.
Previously untraceable and unmanageable paper based
processes can be automated with greatly improved visibility.
Improves security of information compared to old
fashioned paper filing and processing methods.
The Kofax information capture platform is the only one
with the breadth to cover paper, fax, MFD, email, e-documents and SMS/Telecom
methods all in one integrated solution.
Manual filing processes are eliminated.
Mailroom distribution is made faster with reduced errors and losses.
Find out more about DCS solutions and services
For more information about DCS and our information management solutions and services please call us on 01753 616720 or complete our contact form for a fast, tailored response.
