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Simplify your entire cycle.

Accounting & Finance departments typically rely on manual data entry and paper-based transactions, slowing down the accounts payable/accounts receivable processes, and leaving a large margin for error.

With an automation solution, your organization can eliminate manual data entry and streamline every part of your accounting and finance department.

Save time. Save money.

The average PiF customer saves 2 hours a day (at minimum!) after implementing an automation solution, or 10 hours per week and 40 hours per month (25% of their time!). It also eliminates much of the resource allocation and human capital required to function, typically reducing headcount as well as costs.

The average AP Worker has a salary of $40,000 a year or $19.25 an hour* which means that getting back those 40 hours means you’ll save roughly $770 a month by automating just some of your workflow.

Beyond its immediate cost benefits, there is a long-term ROI on Enterprise Content Management by viewing it as more than just a point solution stemming from specific pain points that need to be solved. While the solutions businesses embrace effectively reduce pain points within their organization, they often overlook the cause of the issue or additional potential for future stability through a stronger holistic solution.

This can quickly lead to organizations spending more money and time on individual solutions, rather than embracing complete transformation of their processes. Often the concept of “digital transformation” is daunting to executives worried about the initial upfront investment, but the decision can be made easier by educating yourself on the specific benefits of a solution as well as how it can integrate with your existing business infrastructure.  

Source: The average Accounts Payable Clerk salary in the United States is $39,901 as of September 01, 2018. Salary ranges can vary widely depending on many factors, including education, certifications, additional skills, and the number of years in the  profession. The average total compensation, which includes bonus, health and retirement is $40,505.

Our solutions

Workflow Automation

Any repeatable common business process that consumes significant manual labor can benefit from a full consultative analysis of your current state processes from PiF.

We focus mainly on data entry, routing, matching and data integration using your pain points to help re-engineer processes to be more efficient.

Our solutions can improve error-prone manual processes within AP/AR to reduce manual keying and shorten the procure to pay (P2P) lifecycle. It also quickly and securely captures, routes, and matches AP invoices, purchase orders, and packing slips.

ERP Integration

It’s crucial that your automation solution works with your existing business planning software, that’s why we make sure to integrate with any OBDC systems including Microsoft Dynamics GP and Sage. In cases where your line of business system does not support database or flat file access, our systems integration experience employs tools such as Robotic Process Automation (RPA) to accomplish any data integration.

Security and Compliance

Maintain necessary compliance:  Sarbanes-Oxley (SOX), Generally Accepted Accounting Principles (GAAP), ISO-9001, MA 201 CMR 17.00, SEC 17 CFR, Health Insurance Portability and Accountability Act (HIPAA)

  • Monitor document access and retrieval with audit trail
  • Enforce document retention and destruction processes
  • Secure off-site document storage to store documents for immediate disaster recovery
  • Legal authenticated documents with time and date stamps and digital fingerprints

Learn more about AP automation