Request a Personalized Accounts Payable Demo
Accounts Payable (AP) is something that every company must deal with. You have invoices to pay, processes to adhere to, and accountability to document. You know that missed early payment discounts, late fees, lost invoices, dozens of calls, emails, and other inefficiencies can substantially and unnecessarily drive up your operating costs.
Beyond invoices and payments, there are compliance issues surrounding accounting. These require an ability to keep track of and report on all aspects of your accounting system and processes including Accounts Payable. Failed audits resulting from lost documents or poor documentation can result in large fines, or a range of other penalties.
With DocuVantage OnDemand®, you can ensure processes are being adhered to and are fully auditable. DocuVantage's Accounts Payable Solution is an easy to use, affordable, on-demand service.
DocuVantage OnDemand drives Accounts Payable processes while seamlessly blending all of the associated invoices, POs, and other documents into the process. All via an intuitive Cloud-based platform.
DocuVantage OnDemand® allows you to:
- Secure and keep track of all incoming invoices and related documents (PO's, notes, disputes, etc.)
- Ensure early payment discounts and eliminate late payment fees
- Reduce data entry errors with automated OCR
- Compare approved purchase order amounts to invoices and eliminate overpayment
- Ensure all of your accounting procedures and approvals are adhered to using automated routing for review, approvals, and processing
With DocuVantage, AP performance improves dramatically. The organization can be more agile and proactive to organizational needs.
And DocuVantage OnDemand® isn't just an accounts payable solution; you can share the same platform with your co-workers in other departments. One solution for all your company’s document management needs.
The DocuVantage technology is complemented by our innovative subscription model, that helps organizations realize ROI as quickly as they see results from the use of the solution.