Managing accounts payable in the Cloud
Tuesday, April 23, 2013
How long has it been since you’ve paid your household bill with a written or an emailed check? I bet you do it online, because it’s quick and comfortable. If we do it in our personal life, we must admit, that companies nowadays are starting to use special software to take care of their ‘household’. Comindware Tracker Finance & Administration Solution provides you with a complete accounts payable workflow solution.
You can automate your accounts payable activities by using the online Comindware Tracker Finance & Administration Solution which provides this service in the Cloud or on-premise; the choice is yours. What exactly you will get?
- Online storage for all of your accounts payable issues
- Workflow template for accounts payable
- Automated process for accounts payable (for team work organization)
- Full-view of your accounts payable activities in the form of lists and dashboards
- Multi-parameter search through any account payable item
- Complete customization with no-IT skills required
When your accounts payable process is automated in the Cloud, you save time on paperwork, reduce chaos, save paper using digital documentation, save time processing accounts payable, have less chance to forget or omit anything with email notifications the workflow system sends to you and your colleagues.
The workspace for your accounts payable activity is already set up. It’s quick to start work in Comindware Tracker Finance & Administration solution: it doesn’t require advanced IT skills when you need to configure the workflow. The graphical workflow builder enables you to adapt the automated workflow to what the process looks like in real life. At the same time, a comprehensive accounts payable workflow template is based on best practices for accounts payable processing and you can use it as it is.
You always keep the context: even when your accountant is on vacation, you have access to all working data in the Cloud, and the system automatically reminds you about the upcoming payments to do. The system gives you much more visibility and freedom.
It’s safe: Cloud technology protects your data from being lost or corrupted, and you don’t need to purchase a server and take care of its maintenance. Moreover, as Cloud technology provides multiple servers for your data, even in case one of them fails, others will keep working and providing you access to all of your financial data.
“You can search through form fields, categorize, prioritize your accounts payable, and, complete your financial tasks much quicker, rather than when you use emails, Excel spreadsheets, and simple shared folders.”
It’s easy to sort and search through categorized accounts payable lists and forms. You can view your accounts payable by deadline, by status, by creator or owner. You can search through form fields, categorize, prioritize your accounts payable, and, complete your financial tasks much quicker, rather than when you use emails, Excel, and simple shared folders. Don’t forget, finally, that manual work on bills, writing checks and emailing them is so 20th century. Now you can benefit from online accounts payable management in the Cloud.
Accounts payable are another step in the company purchasing process, after purchase request and invoice approval. And you can find them all in the Comindware Tracker Finance & Administration Solution.