Managing accounts payable is a common practice in every commercial establishment. Whether you deal with goods or provide services, materials and supplies have to be purchased to conduct ordinary business. However, recent changes to network infrastructure have made it possible for businesses to streamline this process.
Purchase orders, invoices, and other documents can now reach their destination using any number of protocols on the Internet, such as e-mail. These tools allow organizations like yours to lessen the amount of paper produced and handled, which increases productivity and reduces overhead costs.
This article provides an overview of using document management software to move away from a paper-based accounts-payable process. This is accomplished by centralizing payables information, making purchase processes electronic, integrating business software, and implementing electronic workflow. Several solutions to common accounts-payable issues are provided, including how to take advantage of every early-payment discount and how to help prevent fraud.
Within the context of accounts payable, we present Content Central, a browser-based document management system designed to give organizations a convenient way to capture, edit, and manage documents and other content in the workplace.
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
Data Centre Dynamics Ltd.
102-108 Clifton Street
London EC2A 4HW