Imaging & Workflow Automation

The emphasis on corporate cost containment and productivity enhancement during the past decade has prompted accounts payable professionals to seek new ways to automate traditionally paper-based, labor intensive processes. The need to document and secure the intrinsic risks associated with the payment process within the protocols set forth by the Sarbanes-Oxley Act of 2002 (SOX) has provided additional impetus, especially where senior management has been involved. PayStream's 2005 Financial Automation Survey (FAS) revealed that the passage of the Sarbanes-Oxley Act has increased interest in new financial automation technology at more than 60 percent of respondents' organizations. Submitted by EMC Documentum