Adest Accounts Payable

The ability to process purchase order invoices in a timely fashion is crucial to ensuring a regular supply of goods and services from your providers. Making sure they are paid on time is important to the way your company is viewed by suppliers and can affect your credit rating.

 

Purchase invoices can be received by fax, email and of course post. The Adest Accounts Payable package will make sure that these documents are processed in a manner to make the distribution and authorise more efficient. Purchase invoices no longer sit on desks waiting to be authorised, or in the worst case lost altogether.

 

Adest Accounts Payable provides the ability to scan invoices at the point of receipt and then distribute them according to group or user profiles which can then authorise them for payment. This package can be linked to Sage 50, SageLine 100, SageLine 500 accounts software.

 

Other benefits include:-

• Provide instantaneous access to all documents for immediate on-line query resolution and electronic distribution of copy documentation.
• Centrally store and archive all your Accounts Payable documentation referencing hardcopy storage locations for legal admissibility and corporate compliance purposes. (Sarbanes Oxley Act)
• Provide audit trails for each transaction, linking to key documents for viewing (on screen), printing or distribution via e-mail.
• Automatically match documents, e.g. purchase orders with supplier invoices and / or other related AP documentation.

Click here to view the Adest Accounts Payable brochure.

Cost Saving Analysis

Total cost of manually processing a purchase invoice is £10- £35.00 (€15-€50) per invoice! Potential saving if the entire process is automated = 25% to 50%

 

Invoices per annum	Cost per invoice	Saving	Saving per year
10,000	£ 7.00	25%	£17,500.00
20,000	£10.50	25%	£52,500.00
30,000	£10.50	25%	£78,750.00

 

 

For more information on the Document Management products we provide, contact CMS Software direct. You'll find our contact details here.