The Benefits of Implementing Accounts Payable Processing in 2019

When it comes to accounts payable, you or your business may have been doing things the same way for years and you’ve gotten used to it. However, the beginning of a new year is a great opportunity to look at things from a new perspective. It’s a great time to reflect on what works, what doesn’t and what’s new for the road ahead. As experts in accounts payable processing for Trenton and the entire Tri-State area, we’d like to discuss the many benefits of updating your accounts payable this year.

accounts payable processing

For one, electronic invoicing is gaining increasing attention in North America. The federal government will officially be moving toward e-invoicing and many industries are now solely operating digitally.

In the year ahead, mid-size and smaller businesses will increasingly be reaping the benefits of using electronic accounts payable processing for many reasons. Today’s software, and particularly WebDocs used here at RDM allows robotics to handle repetitive and labor-intensive tasks, particularly the long tail of tasks, freeing up time for you and your employees for more important ones.

In fact, WebDocs customers reduce their invoice processing and approval time from weeks down to just days. For those who benefit from early payment discounts, the ROI in time savings alone pays for the system in the first couple of months.

And, in using WebDocs for your invoice management, all invoices and documents pertaining to those invoices like POs, check requests, receiving documents and more are cataloged and accessible only by those with the set permissions. This allows you and your business to have all-important audit preparedness. And, the new year is a great time to get organized prepared in the event of an audit next year.

Our contemporary interface design makes it easy to adapt to automation technology and directs you immediately to your assignments upon login. And in addition to the standard accounts payable workflow, other workflows can be combined to satisfy a more complex process. With today’s accounts payable processing you can streamline your entire process for a far more efficient workflow in the new year!

Are you interested in getting some more information on how to increase productivity at your Trenton office with accounts payable processing and invoice processing automation? Please give us a call at 215-953-5175 or Contact Us. We will be happy to help you find the best solution for your needs.