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ap keeper is an intelligent accounts payable automation service that provides you with the tools to help you improve your AP department.

"A Great Tool for Great People."

A Great Tool = Productivity Quality Easy A Better Result

Do you have a great Accounts Payable team but always seem swamped?

Do you lack the tools required to make significant improvements?

Do you see these types of problems in your AP department?

Slow invoice processing time
  • Manual data entry, routing, processing and approval procedures slows the process and makes it difficult to capture early payment discounts, leads to late payment charges and may damage supplier relationship.
    You need automation tools to speed up processing.
Lack of management tools
  • "You can't manage what you can't measure" ... and, in a non-automated system, it is virtually impossible to obtain real-time KPIs to benchmark performance.
    You need better business support tools - this is true for both the department manager and the VP/CFO.You need reporting tools for accurate information.
Reduced accuracy
  • The risk of error is inherent in any process involving paper and manual procedures, and errors can be viewed by entities outside the company. This is particularly problematic in AP departments, which are subject to scrutiny by external audits for regulatory compliance. In addition, the time and cost to correct errors is considerable.
High costs per invoice
  • Manual data entry, resolving errors and slow processing time all drive up the cost per invoice. Studies have shown that automation reduces the per invoice cost by over 60%.
    You need automation tools to improve processes and reduce costs.
Lack of visibility
  • Fast access to information brings a level of control and oversight that is absent in a manual system. Visibility also make it easier to assess AP operations and develop strategies for improvement.
    You need electronic data tools for faster access to information.
Constant vendor phone calls
  • Vendors have to call to get up-to-date information regarding invoice status, expected payment date and dispute reconciliation.
    You need to give vendors tools to allow them access to the information they need.
Difficult data retrieval
  • Finding information quickly is very difficult in a paper-based system ... and very costly.
    You need tools to electronically link documents and notes to invoices for faster and more complete information access.
How does ap keeper work? ap keeper relieves your staff of all the manual operations of the AP department and, then, through automation, offers powerful features to help improve processes and increase productivity.
Yet it is very simple to use and easy to implement.
You will also find that the financial benefits will not only cover the cost of the service, but may also help you generate additional revenue.
 
Benefits of ap keeper

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White Papers
Invoice Processing Costs and Challenges

Invoice Processing Costs and Challenges

The last decade has seen great changes in the way Accounts Payable (AP) works and is perceived. Once seen as a cost center focused largely on the task at hand, it has transformed from a tactical to strategic enterprise.

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9 Trends that will Transform Purchase-to-Pay in 2015

9 Trends that will Transform Purchase-to-Pay in 2015

While the global economy is beginning to bounce back, organizations are still faced with a heightened pressure to improve their cash flow.
 
 

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Outsourcing Front-End Functionality

Outsourcing Front-End Functionality
 

This technology insight report covers outsourcing functionality around the front-end of the invoice receipt-to-pay process.
 

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How do you define Dynamic Discounting

How do you define Dynamic Discounting?

Dynamic Discounting?is the offering of variable early payment discounts on approved invoices awaiting payment. Gone are the days of only a 2% invoice discount offered if paid in the first 10 days (2/10 net 30).

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