Banctec Demonstrates Accounts Payable Automation Solution at IOMA Conference
09.26.2007 — Dallas, Texas
BancTec Inc., a global provider of advanced, high volume document and payment processing solutions, will demonstrate its AP Master® accounts payable (AP) automation solution at the IOMA, Inc. (IOMA) 6th Annual Accounts Payable Conference and ExpositionTM, to be held September 27-28th in Las Vegas.
BancTec’s AP Master product is a comprehensive, fully automated, out-of-the-box accounts payable processing system that combines a variety of sophisticated management solutions. Built with flexibility in mind, BancTec’s accounts payable solution can be operated internally, or by BancTec as an outsourced business process. Whichever operation mode is chosen, customers find that back-office AP processing requires less time, manpower and financial resources.
BancTec’s suite of accounts payable solutions utilize web-based automation technologies that are fully integrated into most ERP and accounting systems, and which require no programming. This results in faster implementation and improved return on investment. In addition, with its ability to process automatically a diverse range of forms and eliminate the handling of paper, the BancTec AP Master solution:
- Reduces cost per invoice by improving payment accuracy
- Lowers working capital requirements
- Standardizes processes and improves control of AP procedures
- Supports and aids in regulatory compliance by creating audit trails and electronic archives
“We believe that the industry-leading technology upon which BancTec’s AP Master product is built provides us with one of the most robust and flexible AP solutions available,†said Michael D. Fallin, senior vice president and president, Americas and emerging markets, for BancTec. “We look forward to communicating at IOMA how AP Master helps clients enhance their payment processing, reduce costs and focus on their business, not back-office processes.â€
In accounts payable, IOMA has become the de facto leader in promoting and explaining the AP discipline, educating AP professionals, and in linking key AP vendors and services to the markets they serve. Thousands of business professionals rely on IOMA publications every month for industry news, tips and strategies that will get them ahead of the competition.
About BancTec
BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes for clients in the financial services, healthcare, manufacturing, government, services and utilities industries. BancTec’s offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas, BancTec is privately owned and serves clients in 50 countries. For more information on how BancTec can help you optimize information management, visit www.banctec.com or call 1-800-BANCTEC.
Contact:
1.800.BancTec
inquires@banctec.com
