Business challenge
With paper-based and digital invoices sent to multiple locations and inboxes, efficiency and accuracy are a real challenge.
Impact
- If you have invoices in multiple email in-boxes, filing cabinets, hard drives, data shares, etc., you’re missing out on the power of technology to help you do your job more efficiently and accurately.
- Manually entering data from paper invoices introduces the risk of manual errors or lost invoices.
- Inefficiency both slows down payment processing and incurs unnecessary costs.
What if you could
- Get real time visibility into all invoices—no matter what format they arrive in.
- Reduce errors that could lead to late payments, overpayments, failed audits, and fraud.
- Reduce the time and expense of processing invoices and performing monthly close.
Iron Mountain® Invoice Processing
Automating invoice processing with our enterprise content management (ECM) system, Iron Mountain Invoice Processing, can help you overcome your challenges, to:
- Make processing more transparent: Centrally view, manage, and process invoices from a single, user-friendly portal. See how each invoice was handled and where your payments are going with just a click.
- Increase accuracy: Automatically extract invoice information to avoid errors resulting from manual data entry. Reduce or eliminate the risk of misplacing or mishandling invoices.
- Increase efficiency and reduce costs: With digitization and connected data you can sort and organize invoices with a few keystrokes for lightning-fast processing. You’ll also save the time and excess labor of monthly close.