News | March 12, 2014

CIMA Software Invoices365 Addresses Major Pain Points For AP/AR Departments

CIMA.jpg

CIMA Software announces Invoices365, an application driven AP/AR solution that automates typically time consuming, tedious tasks –like invoice processing.

Pittsburgh, PA (PRWEB) - Invoices365 by CIMA Software is an application driven solution aimed at streamlining processes for accounts payable/accounts receivable departments. Major pain points in AP/AR include inaccessibility to information for quick, informed decisions. Manual invoice processing procedures are expensive, inefficient, and riddled with errors. According to the Institute of Management and Administration (IOMA), the average cost to process an invoice goes from $10 to approximately $5 when document automation is deployed.

Invoices365 is a process oriented content management system mixed with workflow capabilities and the ability to integrate with existing line of business applications. The solution allows for exception handling and streamlining of approvals shortening the invoice approval cycle. In addition, the solution allows users to collaborate over the web with anyone outside of your company network such as customers and vendors.

The system allows automated processes to run continuously 24 hours a day, triggering email notifications to appropriate users, monitoring folders and email accounts for incoming invoices, and offering real time information through dashboards and reporting tools. Designed to improve productivity, the system captures invoices and creates digital records. Paperless storage means less time wasted filing, retrieving, and searching for documents. Removing the need for storage space reduces costs and your carbon footprint.

Streamlining the process of invoice handling and the associated data collection reduces time and money wasted in accounts payable, while making information available for informed decision-making. Learn more about how Invoices365 can reduce costs and save time at http://cima-365.com/invoices365.html.

About CIMA Software:
CIMA Software has spent the past ten years developing solutions to help companies reduce costs and become more productive by better managing their information. The company’s mission is to help organizations, regardless of their size, optimize their productivity and competitiveness in this increasingly challenging market. Providing reliable, high performance, process oriented content management solutions that are practical, easily deployed, and cost effective.

Source: PRWeb

View original release here: http://www.prweb.com/releases/2014/03/prweb11651087.htm