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.
BancTec’s AP Master BPO offering is an outsourced accounts payable offering that manages both electronic and paper invoices for a guaranteed reduction of processing cost per invoice.
AP Master BPO Solution Data Sheet
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
