Prodagio's AP Automation brings new efficiencies to the entire invoice processing lifecycle, ensuring that payment is made to the right party, in the right amount, and at the right time.
Houston, TX (PRWEB) October 23, 2013
Today, Prodagio Software announced the release of Prodagio AP, an end-to-end Accounts Payable Invoice Automation solution that leverages IBM ECM FileNet and Datacap, the leading technology for Enterprise Content Management and Capture.
Prodagio continues to enhance its AP products and build industry partnerships bringing increasing value for its customers. Prodagio reduces operating cost with its Accounts Payable Automation solution. The Prodagio AP solution is an all-in-one system to pay invoices regardless of the source or ERP application used by customers. By decreasing the time to pay, providing clear visibility, and maximizing discounts, companies can transform AP and Share Services into a profit center.
The solution provides two key business capabilities that impact costs: the ability to process invoices quickly and the visibility to identify savings opportunities. When deployed with IBM Datacap, best-in-class imaging and data extraction capabilities allow companies to eliminate manual data entry. Invoices take as little as one day to process and every discount opportunity can be tracked, so finance executives can see discounts taken versus discounts offered. The solution provides finance organizations the visibility and efficiency needed to capture every last penny of savings.
The solution provides transparency for compliance and captures each action taken on an invoice for the audit trail. The solution’s archive, along with IBM FileNet, ensures an enterprise scalable, secure, and searchable repository. Accounting staff can use the reporting and analytics capability to accurately and quickly report on accruals and view detailed cash needs in advance of payment.
“Prodagio AP Automation can bring new efficiencies to the entire invoice processing lifecycle, ensuring that payment is made to the right party, in the right amount, and at the right time,” said Fabrice Buron, Vice President of Marketing at Prodagio Software. “Our top priority is to prevent costly errors, duplicate payments, and lost discounts, all with a single application regardless of invoice type, source, or ERP system.”
The solution is intuitive, deploys rapidly, and is highly configurable. It provides visibility into productivity, exceptions, and costs giving executives a clear view into the complete payment lifecycle process and the ability to take advantage of newly identified savings opportunities.
Prodagio will be showcasing the AP Invoice Automation solution at IBM On-Demand in Las Vegas from November 3-7. Come to booth #920.
About Prodagio Software
Prodagio reduces operating cost and drives lower spend with our accounts payable automation application. Prodagio AP delivers an all-in-one system to pay invoices regardless of the source or ERP. By decreasing the time to pay, providing clear visibility, and maximizing discounts, companies can transform AP and Share Services into a profit center. Over 40 million invoices are processed through Prodagio's cloud-based business applications every year.
Simple, adaptable, and powerful, Prodagio helps each customer on their journey toward complete financial & operational excellence. Start the journey now at http://www.prodagio.com.