Comments on: Drive Savings with Account Payable Automation http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/ Thoughts about running a document imaging and workflow company Thu, 27 Nov 2008 21:45:34 +0000 http://wordpress.com/ hourly 1 By: Mary Schaeffer http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-721 Mary Schaeffer Wed, 07 May 2008 10:22:49 +0000 http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-721 You are quite correct in your assertion that automation can drive savings. Unfortunately, many organizations are not willing to devote the necessary financial resources to get the process going. Then of course there is the additional issue which no one really likes to address. Automation usually results in head count reduction - and while, we'd all like to think the extra people will be placed elsewhere in the organization, this rarely happens. The truth is other departments are going through the same cost cutting initiatives. Well, enough of my blather. I could go on for quite some time. Thanks for listening. Mary Schaeffer author Controller & CFO's Guide to Accounts Payable (John Wiley & Sons 2007) and 12 other business books editorial director Accounts Payable Now & Tomorrow (www.ap-now.com) You are quite correct in your assertion that automation can drive savings. Unfortunately, many organizations are not willing to devote the necessary financial resources to get the process going. Then of course there is the additional issue which no one really likes to address. Automation usually results in head count reduction – and while, we’d all like to think the extra people will be placed elsewhere in the organization, this rarely happens. The truth is other departments are going through the same cost cutting initiatives. Well, enough of my blather. I could go on for quite some time.
Thanks for listening.

Mary Schaeffer
author Controller & CFO’s Guide to Accounts Payable (John Wiley & Sons 2007) and 12 other business books
editorial director Accounts Payable Now & Tomorrow (www.ap-now.com)

]]> By: Process to Profit « DocEdge http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-72 Process to Profit « DocEdge Wed, 28 Mar 2007 05:07:30 +0000 http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-72 [...] companies use workflow to streamline and reduce cost. I spend a lot of time automating accounts payables departments. So, the primary focus is on minimizing overhead. This is an amazing example of turning process [...] [...] companies use workflow to streamline and reduce cost. I spend a lot of time automating accounts payables departments. So, the primary focus is on minimizing overhead. This is an amazing example of turning process [...]

]]> By: Steve http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-60 Steve Thu, 08 Feb 2007 04:09:38 +0000 http://docedge.wordpress.com/2006/11/18/drive-savings-with-account-payable-automation/#comment-60 We put in Kofax Ascent for Invoices. This software automatically processes invoices through intelligent forms recognition, and then passes harvested data through to other backend applications. Link to Kofax below: http://www.scanguru.com/e107_plugins/links_page/links.php?cat.2 We put in Kofax Ascent for Invoices. This software automatically processes invoices through intelligent forms recognition, and then passes harvested data through to other backend applications.

Link to Kofax below:

http://www.scanguru.com/e107_plugins/links_page/links.php?cat.2

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