Accounts Receivable Management Featured Article

SaaS Provider Offers Accounts Payable Improvements to Material Handling Company

August 18, 2014

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."

DataServ, the SaaS (News - Alert) provider, did not specify the name of the company with which it will be working, but it did describe the nature of their budding relationship. DataServ indicated that it would be providing the company with a cloud-based ECM software that would seek to transform its accounts payable processes. DataServ Founder and CEO Jeff Haller explained in the official announcement the basic nature of the agreement and his excitement for being a part of it.

"We are pleased to initialize our AP automation solution with AutoVouch for a company that has been a leader in the handling equipment industry for many years," Haller said. "At DataServ we try to align ourselves with companies that have an extensive history of excellence, and our newest client certainly fits that description. We are happy to provide our expertise and solutions to such a highly regarded organization."

AutoVouch, which Haller mentions, is DataServ's invoicing program that allows companies to complete many of their invoices automatically, which can save them time and money when it comes time to deal with billing procedures. The official product webpage explains that organizations can expect AutoVouch to deliver up to 80 percent of their invoices automatically. The program begins by analyzing purchase orders and obtaining the contents within those orders. Following that, it transfers the information into invoices, and if the information in the invoices passes a three-way match through a company's enterprise resource planning software, AutoVouch will send out those invoices to the company's clients.

In its SaaS ECM, DataServ will also provide the company with its full Purchase to Pay experience that includes the ability to scan physical documents and make sense of their contents with optical character recognition. Using the company's advanced character recognition software, the ECM can sort customer data into usable digital formats that make it easy to complete invoices and other accounts payable tasks. The software comes with workflow coding that operates on mobile and desktop devices and access to predefined reports and the ability to create custom, searchable reports.

Edited by Maurice Nagle

Article comments powered by Disqus

Related Accounts Receivable Management Articles

AgreeYa Introduces Cogent Collections Solution

AgreeYa solution allows collection agencies and law firms to discover past due debts and collect them in compliance. [ Read More ]

No Reason to Fear or Loathe Accounts Receivable Management

When surfing the internet, it's always a delight to find really relevant content for our readers. That's why I'm sharing this post by Jeanne Wild, Marketing Communications Coordinator at technology consulting and business apps developer e2b teknologies, 7 Reasons Not to Fear Accounts Receivable Automation [ Read More ]

Automated Accounts Payable Solution for Telecom Industry

Saninco Technologies developed ap keeper, an intelligent, cloud-based accounts payable automation service for the telecommunications industry. [ Read More ]

Best Rate Collection, LLC Positioned to Disrupt the Commercial Collections Industry

Best Rate Collections has designed the first "Bid Board System" where companies can post their bad prime debt in an auction type environment. [ Read More ]


Weekly Live Demo
Contact Center Solutions

Register Today!

Weekly Live Demo
CaaS Small Center

Register Today!