Finance needs to play a critical role in ensuring organisations continue to thrive
The CFO and his team must provide insight and strategic direction more than ever before. This requires investment in new practices and new technologies.
For many CFOs, the demand for financial transformation represents an enormous opportunity from the practical cost-savings of efficiency to the profit-
Once financial information is digitally stored and core processes are automated, financial information becomes a rich source of intelligence that fuels strategic initiatives focused on enhancing the customer experience.
Take big steps in achieving digital transformation in accounts payable. Docuware captures paper and electronic invoices and automatically matches them to purchase orders, provides a customisable workflow to manage the approval process, and then posts the approved amounts back to the general ledger through pre-built ERP integrations.
Get rid of paper, avoid clerical errors, reduce invoice handling, streamline approval and eliminate manual entry. Most importantly: recapture valuable time for higher-value tasks.
Achieve a new pace in payables when you:
With Docuware, you can process invoices promptly, keep track of due dates and status changes, and significantly improve cash flow management.
Remove the guesswork from Accounts Receivable processes with Docuware.
Link related documents and information directly to the order process so you can generate invoices faster, immediately answer customer questions, and tightly track individual payment plans or special discounts.
Ensure good customer relationships, early payments and more liquidity through optimal receivables management.
With Docuware, fast and accurate receivables support reporting integrity, high customer satisfaction and effective team performance.
Relying on manual processes to manage your documents, could result in documents being scattered across your business – in inboxes, filing cabinets, network drives, desk drawers, off-site storage etc.
Manually collating them not only requires a lot of time and effort but storing your documents in such a disorganised way can also result in the business being non-compliant. Non-compliance with industry regulations can have a serious business, financial, legal and reputation implications.
Docuware captures, intelligently indexes, classifies, stores then distributes paper and electronic documents to the right employees at the right time for fast, accurate decision-making.
Docuware automates and accelerates processes through digital workflows, connecting documents, tasks and people across distributed offices and mobile team members.
Overcome the slow, manual drag of paper-based processes. Reclaim physical space lost to cumbersome storage and remove the costs of printing, shipping and physical archiving.
With the new GDPR compliance requirements, Docuware fortifies your company when it comes to audits and liability issues, securely storing documents and tracking business transactions.
When was an invoice recorded? Where is it right now? Who accessed it last? Docuware traces every step in the lifecycle of a document for complete visibility.
Docuware is available both as a Cloud or as an On-Prem solution with complete feature and capability parity. With Cloud, you receive world-class security, scalability and availability in a financial model that totally makes sense.
Would you like to know how Docuware can assist your organisation with effective Document Management tools.
Simply click on the link below if you are ready for a demonstration or call one of the office numbers for a free consultation and establish the benefits of the solution for your organisation today.