If you’re looking to streamline your accounts payable process, PaperTrail is the solution for you. Our software makes it easy to manage your invoices and payments, so you can focus on your business. With PaperTrail, you’ll be able to:
Import and View Documentation
Documentation can be imported and viewed on PaperTrail via several methods such as scanning or email. PaperTrail can read and index PDFs, scanned images of invoices, purchase orders, delivery notes as well as data from electronic invoicing platforms. Once imported and extracted, your documents will be available for viewing and further processing.
Integrate to 3rd Party Systems
In addition to extracting data from received documents, PaperTrail can also send this data directly to your accounts payable and accounting software. This means that you can avoid keying in the information manually, saving you time and reducing the potential for error.
Track and Analyse Payments
The PaperTrail payment tracking and analysis module allows you to quickly review payments made against invoices, as well as drill down into the details of each transaction. This information can be used to help you make more informed purchasing decisions and improve your cash flow.
Reconciliations and Payment Release
PaperTrail can also be used to automate the accounts payable process, including payment release. This means that you can set up rules and procedures to ensure that payments are released only after all of the relevant invoices and purchase orders have been reconciled.
Accounts Payable Workflow
All documents received are processed via the PaperTrail Workflow module. This allows you to define the actions that need to be taken for each type of documents, such as allocating an invoice to a specific project or vendor. You can also set up automatic email notifications to let you know when new invoices have been received or payments made.
Since 1998, PaperTrail has been providing a robust electronic content management (ECM) system to support business-critical processes.
PaperTrail can help you with Document Management Software and Electronic Signatures as Workflow Solutions.
Learn more at https://www.papertrail.co.za/
Since 1998, PaperTrail has been providing a robust electronic content management (ECM) system to support business-critical processes.
PaperTrail can help you with Document Management Software and Electronic Signatures as Workflow Solutions.
Learn more at https://www.papertrail.co.za/
This article was first published at https://topclickblogs.co.za/streamline-your-accounts-payable-process-with-papertrail/
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