Customized solutions transform invoice processing and other accounts payable workflows
Olathe, KS (PRWEB) - Shamrock Solutions today announced that its Data Capture and Content Services solutions are helping organizations in a wide range of industries turn their slow, manual, paper-centric Accounts Payable (AP) processes into fast, automated, and fully electronic workflows.
At many companies, invoices and other documentation is received in a variety of electronic and paper formats. Having to process this content by hand and then manually index it in the Enterprise Content Management (ECM) system is time-consuming, error prone, and can lead to delayed payments. When data entry errors occur, this leads to redundant effort for the AP team and further delays. Vendor services can also be compromised as staff members often lack access to complete and current information.
Companies are turning to Shamrock’s expertise in Content Services and Data Capture solutions to solve these problems. Now, invoices are captured electronically at the point of submission, automatically indexed in the ECM or ERP system and tied to the vendor record in the ERP system. Instead of manually keying information into the ERP system, this is now automatically captured and extracted, eliminating another burdensome task and improving data accuracy.
The faster turnaround time facilitated by AP automation enables the organization to not just avoid late payments, but also take advantage of their vendors’ early payment discounts, and staff no longer spend time on scanning and indexing. Furthermore, they improve their productivity and switch their attention to value-add tasks.
If a vendor calls, all relevant information – such as invoices, purchase orders (POs), goods receipts and contracts – is at their fingertips, leading to faster answers, improved satisfaction, and avoiding the time-sucking search that was necessary when relying on paper-based processes. Shamrock’s services also provide greater visibility into validation, approval and posting, and enable the AP team to run reports on every aspect of the payables process. Plus, when PO approvals are needed, managers, directors and executives can issue these quickly via any device, rather than wading through stacks of paper on their desks.
“Our Data Capture and Content Services are helping our customers’ AP departments completely transform how they do business,” said Shamrock Vice President of Sales Tyler Groepper. “By providing automated Data Capture, paperless workflow and seamless integration between the AP and ERP systems, we’re helping them speed processing, cut costs and improve vendor service.”
About Shamrock Solutions
Shamrock Solutions is a fast-growing, collaborative and innovative software and services company that provides game-changing technology to advance your business's journey to digital transformation. Our broad range of Content Services and software includes implementation, support, tune-ups, configuration, solution development and staff augmentation for business process automation (BPM). We've developed best-of-breed solutions to help automate every aspect of your business and have partnered with industry leaders such as Kofax, Hyland, IBM (Watson), Jadu, Concerto Cloud, Formatta, Ellucian, Thales, Nuance and HighQ to complement our offerings. We also have a "special ops" team that helps develop unique integrations, AI, reporting and more to meet your unique business objectives. Discover the Shamrock difference at http://www.shamrocksolutionsllc.com
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