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Accounts Payable at the Speed of Light

Overview Every business day, Anonymous Conglomerate's accounts-payable team - serving subsidiaries Nameless Petrochemical (NPC) and American Convenience Stores (ACS) - faces a classic business problem: they must process and pay, in a timely manner, almost 14,000 invoices. In 1997 NPC and ACS implemented the Accounts Payable Workflow (APW), a solution built on document imaging and Worktiviti workflow. The APW system scans incoming paper, using the resulting invoice image to create, sort, route, and approve a stream of payables transactions. The Worktiviti workflow solution accomplishes in five minutes what previously took a week or more.

Further White Paper Details
PublishereVisory Consulting File FormatPDF
Date PublishedOctober 2005 Downloads1
FormatCase Studies   
Topics
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