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New Tools for Sage 100 AP AutomationStreamline AP processes through the power of Microsoft SharePoint…
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accounts payable
automation
AutomationConnectPoint Document
Management
Q&A
SharePoint
Cloud Office 365
Why Automate Your Accounts Payable Processes?
Average cost to process an invoice: ~$12
Companies with a high level of automation have half the processing costs of non-automated companies, with a median cost to process an invoice of $6 and as low as $2
If you process just 1,000 invoices per month savings could reach over $72,000 per year…
Reality facing AP Departments Today
Why Change?
Turning Raw Data into Smart Data
Multitude of Devices
Information Explosion
ComplianceNecessity
Multigenerational Workforce
1.4X
44X
Managing Paper Documents
Managing Electronic Documents
Managing Business Processes
Users perform tasks differently
Maintain consistent security
Obtain proper reporting
Multiple tools and systems
Many types of content
Difficult to track versions
Accurate auditing
Compelling Factors$ Offsite storage of paper$ Office floor space cost$ Security of paper assets$ Audit prep and execution$ Dispersed workforce$ Copy, fax, and courier costs
An averagepaper document
gets copied19 times**
$220 in Laborto reproduce a lost document*
$120 in Laborto find a misfiled paper document*
$20 in Laborto file a paper document*
There are over4 trillion
paper documentsin the U.S. alone,growing at a rateof 22% per year**
* PricewaterhouseCoopers ** Coopers & Lybrand
ShippingCourier Costs
Fax Paper /Phone Costs
CopiedDocuments
Consumables
Handlingof Paper
OffsiteStorage
File Cabinets Processes
$30,000
Store &Manage
Send to ERP
Index
Capture
ApproveSearch & Retrieve
PaperPaper
Electronic FilesElectronic Files
EmailsEmails
Import into SharePoint SharePoint Document Library
Sage 100Approval Workflow
Retrieve andReview
Automate andApprove
Store andView
Capture andIndex
Document Management Automate Business Processes
Enterprise SearchIntegration with Systems
ConnectPoint Document
Management
Quantifying ROI
One way…
Plug in your numbers
4 Hours 52 times/year $50/hour $10,400
Plug in your numbers
And get your results…
“Before” Automation
cost
“After” Automation
cost
Cost savings (ROI)
