Choose the Right Workflow Solution Provider for the Right Job
Find out how to differentiate between types of AP workflow solution providers in Corcentric’s latest blog
September 30, 2013, MCLEAN, VA — In April, Corcentric, a leading provider of Accounts Payable automation and e-invoicing solutions, posted a blog, Not Just Workflow Solutions…Accounts Payable Workflow Solutions that emphasized the need for Companies to seek out providers who are AP specialists. In response to readers who asked for more detail, the latest blog lists the types of businesses offering AP workflow solutions and the strengths and weaknesses of each.
Not all workflow solutions are flexible and scalable enough to handle the ever-changing processes, volume, and one off special requests that AP departments experience. Providers will range from ERP vendors to scanning vendors to banks to SaaS AP automation vendors, and more, not all of them may offer the solution that answers the multitude of your AP needs.
The blog points out that there are certain “must-haves” for an optimal AP workflow solution, including:
- Deep knowledge of how the accounts payable process works
- Supplier portal and e-invoicing
- Best-in-class invoice imaging and OCR data capture
- Automated invoice matching using straight through processing technology
- And much more
The Corcentric blog is a knowledge center for accounts payable professionals to explore automation best practices along with the latest trends and news in financial process automation.
View Corcentric’s latest blog http://blog.corcentric.com/choose-the-right-workflow-solution-provider/.
Corcentric, a wholly-owned subsidiary of AmeriQuest Business Services, LLC, provides cloud-based financial process automation solutions that have revolutionized how the world’s largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric’s Accounts Payable and Accounts Receivable automation solutions enable organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions. For more information, visit corcentric.com.