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Choose the Right Workflow Solution Provider for the Right Job [New Corcentric Blog]

Author: Abashley Barnett
by Abashley Barnett
Posted: Oct 01, 2013

McLean, VA - In April, Corcentric, a leading provider of Accounts Payable automation and e-invoicing solutions, posted a blog, Not Just Workflow Solutions…Accounts Payable Workflow Solutions that emphasized the need for Companies to seek out providers who are AP specialists. In response to readers who asked for more detail, the latest blog lists the types of businesses offering AP workflow solutions and the strengths and weaknesses of each.

Corcentric is a leader in providing accounts payable automation solutions that are powerful, yet easy-to-use; giving companies an easy-to-adopt conduit between AP/AR and suppliers with uncompromising functionality. Corcentric builds customized solutions that allow clients to electronically mange 100% of their invoices, resulting in increased revenues and reduced business costs.

Corcentric's cloud-based financial process automation solutions have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.

Not all workflow solutions are flexible and scalable enough to handle the ever-changing processes, volume, and one off special requests that AP departments experience. Providers will range from ERP vendors to scanning vendors to banks to SaaS AP automation vendors, and more, not all of them may offer the solution that answers the multitude of your AP needs.

The blog points out that there are certain "must-haves" for an optimal AP workflow solution, including:

  • Deep knowledge of how the accounts payable process works
  • Supplier portal and e-invoicing
  • Best-in-class invoice imaging and OCR data capture
  • Automated invoice matching using straight through processing technology
  • And much more

The Corcentric blog is a knowledge center for accounts payable professionals to explore automation best practices along with the latest trends and news in financial process automation.

View Corcentric's latest blog http://bit.ly/1eUyixE.

About Corcentric

For more than 15 years, Corcentric's cloud-based financial process automation solutions have revolutionized how the world's largest organizations manage and protect their financial assets. By connecting best practices with deep expertise, Corcentric's ground-breaking Accounts Payable and Accounts Receivable automation solutions have enabled organizations to reduce costs, streamline processes, and provide unmatched visibility executives need to make critical business decisions.

Learn more at www.corcentric.com or call 888.525.7677.

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Author: Abashley Barnett

Abashley Barnett

Member since: Sep 17, 2013
Published articles: 303

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