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Home > Menu of Services > Paperless Accounting Solutions
Paperless Accounting Solutions
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Through our partner Corcentric, we enable you to electronically manage 100% of your company’s invoice data, disputes, approvals, payment disbursement, and payment reconciliation processes. The impact is significant cost reduction and increased efficiency across supply management, accounts payable, accounts receivable, and corporate treasury functions. Check out the tremendous value your company can realize by using Corcentric to automate your accounting processes.
Accounts Payable (AP)
- Reduced processing costs
- Reduced errors and exception
- Reduced DPO
- Increase cash discounts
- Improve supplier service
Accounts Receivable (AR)
- Reduce invoicing costs
- Improve customer service
- Increase collections
- Reduced DSO
- Increase liquidity
Procurement
- Improve contract compliance
- Improve supplier management
- Improve spend management
- Meet savings targets
Treasury
- Improve cash flow reporting
- Improve working capital fulfillment
- Improve regulatory compliance
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“The implementation of electronically receiving, processing, and approving our vendors’ invoices has brought great benefits and cost savings to Transervice. This has been experienced in the reduction of our invoice entry and coding errors, as well as the savings in invoice copying, mailing, and personnel handling. The program has also enabled us to increase our business without incurring additional administrative overhead. Partnering with Corcentric in this accomplishment has been very beneficial for both parties.”
- Pete Hubbard, VP of Fleet Operations and Maintenance, Transervice |
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To learn more about Corcentric, click here to contact us today or visit www.corcentric.com for more information. |
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