control the process – control the costs -...
TRANSCRIPT
Automating the way you process AP invoices improves your
results and saves time and money. FileBound provides the
process automation tools you need to control costs, reduce cycle
times, and improve scalability to succeed in today’s economy.
FileBound delivers capabilities without complexity.
Control the Process – Control the Costs
FileBound Delivers Results with Invoice Automation
DTI Integrated Business Solutions7015C Albert Pick Road, Greensboro, NC 27409Phone: (336) 346-1580Email: [email protected] | Web: www.dtiibs.com
FileBound provides affordable process automation to directly improve your results. AP automation has been proven to have a direct impact on cycle times, processing costs, and forecasting.
FileBound allows you to tighten your AP controls to instantly improve the way you capture, approve, pay, and resolve discrepancies with vendor invoices. FileBound systematically applies your policies and rules to provide the accuracy and consistency you demand. Automation reduces mistakes by verifying the accuracy of transactions from the initial order all the way through receiving, invoicing, and payment. Tight AP controls reduce payment mistakes and result in increased cash flows and reduced costs.
FileBound is designed as an end-to-end solution that maximizes results. Invoices are captured at the beginning of their life cycle regardless of the format in which they are received. Invoices are then matched to templates and invoice data is automatically lifted and used for processing. Invoice data can be matched to the original PO and can result in automatic advancement for payment. Discrepancies or non-PO invoices are routed for approval. At the end of the approval process the invoice data can be passed directly to your accounting system for payment processing, eliminating duplicate data entry costs and errors.
Accounts Payable Challenges FileBound Solves: • Reducescycletimes • Reducestheriskofduplicatepayments • Increasesvisibilityofincompleteorincorrectinvoices • Providesscalability • Reducesbasichumanerror • Increasespredictability
Proven ResultsFileBound AP has been implemented with proven results in organizations of all sizes. These use cases show a clear connection between the introduction of FileBound process automation and improved results. Compressing cycle times from purchase to payment significantly reduces supplier and audit inquiries, and allows you to take advantage of all affordable discounts while reducing the cost of obtaining approvals. The more detail made available to the enterprise will result in improved forecasting and better working capital management.
FileBound adds instant automation and improved efficiencies in the following accounts payable functions:
• InvoiceProcessing • ExceptionHandling • VendorManagement •ExpenseReportProcessing
FileBound | Control the Process – Control the Costs
Streamlined Accounts Payable FileBound provides the automation tools you need to improve your Accounts Payable processes.
Invoices are recognized and data extracted
Logic is configured and used to process invoices
Analytics provides data for improved management
Invoices are instantly available when needed
FileBound® On-Site™In-House Document ManagementA full-featured process automationsolution locally deployed withunlimited users
FileBound® On-Demand™Hosted Document ManagementThe same full-featured FileBoundsolution delivered as a cloud-based service
On-Site
On-Demand
FileBound® Express™Instant Document ManagementA complete process automation solution in the form of a network appliance
Express
FileBound Delivery Options