Accounts Receivable Management Featured Article

ADP Enhances its Electronic Invoicing Solution

October 16, 2012

ADP, a provider of human resource outsourcing, payroll services, tax and compliance and electronic invoicing solutions, revealed several key enhancements to its electronic invoice solution – a component of ADP Procure-to-Pay (P2P) Solutions.

ADP’s electronic invoicing solution is believed to transform the way organizations manage their accounts payable process. ADP delivers comprehensive functionality – PO management, electronic invoicing, supplier enablement, scan and capture services, automated workflow and payments automation – to clients looking to reduce errors and their use of paper, while increasing efficiency and spend visibility.

Latest enhancements include advanced coding capabilities and improved document routing and management that streamline the accounts payable process for medium-sized to large businesses. These coding and routing enhancements automate tasks previously done manually.

Clients using this enhanced electronic invoicing solution are able to enjoy process efficiencies and improved accuracy, which ultimately helps them increase their focus on more strategic, value-added tasks.

“These enhancements help ensure companies get the right documents, to the right people, in the right places, at the right time. They’re part of our ongoing goal to bring clients exactly what they’ve been telling us they want – smarter systems with more automation,” Leon Busch, vice president and general manager of ADP Procure-to-Pay Solutions, said in a statement.

“As part of our mission to be the best in the business, we’re making continued investments in our solution and we’re excited about what lies ahead,” Busch added.

According to Ardent Partners’ “ePayables 2012: The State of the AP Market” research report, best-in-class accounts payable departments that have embraced automation have significantly compressed the invoice cycle time, dramatically lowered processing costs and achieved superior spend visibility.

In another recent statement, ADP introduced its next-generation cloud-based platform – ADP Workforce Now – specifically designed for midsized organizations.




Edited by Braden Becker

Article comments powered by Disqus

Related Accounts Receivable Management Articles

SaaS Provider Offers Accounts Payable Improvements to Material Handling Company

A global software-as-a-service company that provides enterprise content management solutions through the cloud announced last week that it has opened up a contract with a "leading material handling equipment company." [ Read More ]
08/18/2014

Cotton On Group Selects Xcellerate IT

Cotton On Group, one of the Australia's largest value fashion brands, has selected Xcellerate IT as the preferred solution provider to implement a best practice invoice automation solution within their Accounts Payable (AP) department. [ Read More ]
08/18/2014

Wolters Kluwer Financial Services Partners with Broadridge Tax Services

Wolters Kluwer Financial Services, a company that provides risk management, compliance, finance and audit solutions, recently announced that it has joined hands with Broadridge Tax Services, a technology services company, to deliver Phase 3 Debt functionality to support Cost Basis and Tax Reporting compliance. [ Read More ]
08/14/2014

BlueOSS Reveals New Cost Reconciliation Capability at ITEXPO 2014

The exciting reveals continue during ITEXPO 2014, happening now through August 14 at the Rio in Las Vegas. This year's event represents a lot for BlueOSS, a leading provider of telecom billing software and operational support systems-the company this week announced its all new cost reconciliation capability as a part of its industry leading cloud billing solution, Cloud Innovation Suite (CIS). [ Read More ]
08/13/2014
FREE Accounts Receivable Management enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!