Bury St Edmunds, UK – April 7, 2017 – EASY
The study, which involves use of real-life DM Accounts Payable case studies, shows how working with financial information in a digital way is the best way of maintaining control, improving efficiency and meeting compliance targets.
Critical success factors include authorised personnel being able to call up any information at any time, any place, as well as invoices being less likely to go astray and supplier queries getting settled at first contact, while approvals and other workflow processes can also be streamlined.
EASY and TouchstoneFMS suggest the ways to achieve that digital success include setting clear goals, maintaining a constant digital Accounts Payable dialogue with the business, starting with a pilot and extensive training.
The report also lays out how important it is to never underestimate the size of the scanning that can be a prerequisite to getting up and running, and setting expectations about the current capacity of optical character recognition (OCR) technology, as well as many other practical suggestions.
“The whitepaper our key partner TouchstoneFMS has produced offers invaluable best practice insight and brilliantly summarises current thinking about DM in Accounts Payable,” comments Sales and Marketing Director at EASY SOFTWARE UK, Howard Frear.
“Getting the implementation right is a critical success factor in any DM in Accounts Payable project, and the ideas and steps discussed, based on numerous TouchstoneFMS client successes, are invaluable for that reason,” he added.
Commenting from TouchstoneFMS, David Singh, Sales and Marketing Director: “Going fully digital with the help of DM in Accounts Payable can deliver substantial benefits and savings, as we have witnessed in many of our customer implementations.
“If you follow the best practice we discuss in the whitepaper, those benefits and savings can be enjoyed by any organisation.”
The full whitepaper is available from here
ABOUT TOUCHSTONE FMS
TouchstoneFMS provides integrated business software and consultancy services to companies primarily in the UK and also supports international organisations, to help them meet their business objectives through our solution offerings.
TouchstoneFMS combines a deep knowledge of its clients’ business and markets, a broad range of service and software applications and the relevant skills, to help each client find the right solution to meet its business objectives. We solve a number of business issues, in the following areas: Financial Management, Corporate Performance Management, Procurement/Spend Control, Document Management, Time & Billing, Expense Management, Business Process Management and Business Intelligence.