Accounts Payable
Manually-intensive accounts payable procedures significantly impact a business’ bottom line, with the average company paying hundreds-of-thousands (if not millions) of dollars a year to process invoices, perform purchase order matching, address defects and respond to vendor inquiries. This does not even take into account late payment penalties, missed discounts, duplicate payments and reworks. With an increased focus on cost reduction and improved fiscal management, executive management teams are realizing the positive effects of automating the full receipt-to-pay process.
BancTec’s AP Master™ portfolio of solutions is specifically designed to address the challenges that exist at every stage of the accounts payable process, allowing companies to reduce costs, increase control and maximize efficiency.
Recent News
- 05.18.2009 — BancTec Launches Consulting Management Services to Provide Decision Support in Finance and Working Capital Management Optimization
- 04.16.2009 — BancTec to Speak at International Accounts Payable Professionals (IAPP) Annual Conference
- 2.19.2009 — BancTec Thought Leadership on Payables Process Improvement Published in 2009 TAWPI Publication
- 12.16.2008 — Concentra’s Accounts Payable Process to be Optimized Through Relationship With BancTec
- 11.06.2008 — BancTec Executive Invited to Speak for 11th Straight Year
- 10.22.2008 — BancTec Teams With Relion To Provide Accounts Payable Automation Solution For Shelter Corporation
- 09.16.2008 — BancTec Recognized as Global Top Four Accounts Payable Outsourcing Vendor
- 08.14.2008 — GHX and BancTec partner to Streamline Accounts Payable Process for Healthcare Providers
- 07.11.2008 — BancTec Appoints Paul Diegelman Vice President of Finance and Accounting Business Process Outsourcing (BPO)
- 02.01.2008 — BancTec Clears Paper for Safety-Kleen
Additional Information
- AP Master provides a full functionality in-house solution featuring advanced line-item PO matching, customized reports, integration with client ERP systems and advanced implementation and training.
AP Master Data Sheet
