When Time Really Is Money in AP, AX Can Save You Both

Monday, April 9, 2018

There are few departments as deep in paper as your accounts payable department. Paper invoices are a stubborn reality in an increasingly digital world.

Processing all of this paper can be incredibly hard to streamline, as approval processes and payment authorizations start and stop along a clunky manual workflow that takes too long and creates too many opportunities for error. And the cost of inefficiencies here can quickly stack up, as you lose opportunities to take advantage of early payment discounts, accumulate late fees and tie up staff time that you could be putting toward higher value work.

There is a better way. The right AP Invoice Automation software creates savings you can book immediately with a streamlined process that puts you in control. Take advantage of all that OpenText ApplicationXtender can do and reap the benefits of a faster, more transparent and less labor intensive workflow.

Process AP Documents Up to 90% Faster

With ApplicationXtender, your AP department can quickly and easily capture, organize, route, deliver, share and archive tens of thousands of documents a month, from invoices to purchase orders, attachments and more, providing role-based access from a desktop interface or a web browser – as much as 90% faster than manual processing allows.

With out-of-the-box capabilities that can deliver access to comprehensive data and information, cross-referenced, correctly routed and easily searchable, ApplicationXtender will streamline your processes while also boosting your vendor relationships and customer service.

End the bottlenecks and the office-to-office paper shuffling that can lead to lost documents and stalled processing with a system that captures your invoices as soon as they are received, automating data entry and approval processes, while also providing “electronic file cabinets” that provide easy access and retrieval for better decision making and easy compliance with litigation requests.

ApplicationXtender is easy to implement, integrate, and manage, with a user-friendly interface and an easy-to-deploy platform that leverages familiar, easy-to-use Microsoft Office business applications.

Workflow Management Brings Even Greater Efficiency

Get even more out of ApplicationXtender with workflow management functions that leverage automation to shrink your reliance on manual processes even further. With automated data extraction and routing functions and comprehensive integration capabilities, ApplicationXtender Workflow Manager brings another level of efficiency and streamlining to any document-based business process.

Contact us to learn more about why ApplicationXtender has become the market-leading document management solution for mid-size organizations and departments.

Contact us to learn more about streamlining your AP processing with ApplicationXtender