Webinar: MediusFlow XI AP Automation for IBS Customers

Introducing cloud-based AP automation that saves time and money!
Originally Presented Tuesday, May 14th, 2013

IBS

 

 

 

Manually processing invoices drains two of your most valuable resources: time and labor. If you rely on an AP clerk to enter invoices, and your approval and payment processes aren’t fully automated, then it might be time to review your current procure-to-pay cycle.

Here’s why:

  • You can improve processing times by 83%
  • Reduce exceptions by 51%
  • Resulting in 50% fewer late payments

And with the integration work to IBS already completed, the implementation time (including training) is measured in days, not weeks.

Mediusflow XI—a workflow solution for accounts payable automation—enables you to better automate, control and manage all financial processes by designing workflows that meet your unique business needs. You can expand the workflow footprint beyond the confines of your ERP solution, and streamline the AP process to turn a non-revenue generating department into one that improves the bottom line.

We’ve streamlined accounts payables, reducing staffing from 2.5 FTEs to 1 FTE while still managing the same number of invoices. Today, 60% of our invoices are electronic.

The Body Shop

 

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