Significantly reduce time and costs associated with invoice processing and optimize your cash flow by automating your Accounts Payable (AP) department. MSG Payment Systems provides an automated workflow tool and an integrated supplier portal that delivers on improving processes and reducing costs associated with your existing accounts payable operations.
Automating your AP processes can:
- Reduce processing costs for both paper and electronic invoices
- Reduce the potential for data entry errors
- Create value added staff positions or reallocate staff to oversee new processes
- Reduce your environmental footprint
- Strengthen supplier relationships
- Accelerate the approval of invoices to capture early payment discounts
- Enable suppliers to improve their own cash flow through improved visibility into invoice status
By removing paper and incorporating AP automation processes, you stand to increase visibility into each process from order to settlement, working capital is optimized making all parties more efficient, and invoice data can be delivered electronically and automatically. Contact us today to find out how your company can achieve full end-to-end AP automation.