What are the most common invoice boarding practices?
For some businesses it is common practice to receive both paper and emailed invoices with each type being processed differently. For paper copies it starts with retrieving the physical mail from the mailbox and manually opening the mail and extracting the invoices, followed by typing the invoice data directly into ERP off paper invoice. For emailed copies, each invoice must be downloaded into a folder and the invoice data is then typed directly into ERP. This video reviews these practices in detail and discusses the drawbacks of using these common invoice boarding practices.
Agenda
Faculty
Bill Becker
Recordsforce, Inc.
- Certified electronic content management practitioner (ECMP)
- Has worked in the process automation industry for over 25 years
- Experience includes the implementation of over 500 A/P cost reducing solutions for his clients
- Co-founded Recordsforce with his wife Katja in 2001, and was named one of the top fastest growing companies in NH in 2016, 2017 and 2018 by NH Business Magazine
- Recordsforce specializes in outsourced A/P automation
- Currently his business processes over 200,000 A/P invoices per month for over 100 A/P departments
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