Accounting Invoice Processing Saves Time, Reduces Late Fees
Source: Field Technologies Magazine
Though there are many stories of companies automating their paper-based processes and managing content electronically, paper is still prevalent in the enterprise. And more significantly, the pain of handling paper is still prevalent. According to a recent study by Coopers and Lybrand, it can cost an organization $30 to properly file a document. Additionally, 7.5% of those documents, on average, will be lost or misplaced. This is the pain American Engineering Testing, Inc. (AET), a multidisciplinary engineering consulting firm, recently experienced. Used with permission from Integrated Solutions magazine
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