AP Integration with Databuild

Improve compliance and efficiency through digital invoice process automation

FileBound delivers document and workflow automation applications that improve the operation of any organisation by connecting users with the information they need to work more efficiently and effectively.

Databuild customers can use FileBound to automatically extract invoice data (significantly reducing data entry), route creditor invoices through a custom approval process ready to upload the approved invoice data.

Benefits

Whether part of a broad ranging information management initiative or a localised project-based one, UpSol helps AP departments of all shapes and sizes redefine their AP process efficiency:

• Remote/Offsite Approvals to ensure that invoices are paid on time with less effort. No more time spent passing paper around, matching invoices to PO’s or other documentation, or chasing down approvals.

• Minimise director and organisational risks by enforcing / ensuring compliance with construction policies and external mandates like government legislation. Automated workflow guarantees that all the proper procedures are followed and documented, enabling compliance with audits and preventing fraud.

• Increased visibility to make the right decisions to achieve project deadlines. Advanced analytics expose data about transaction volumes, financial liabilities and supplier interactions to identify areas for improvement.

• Eliminate missing and duplicate invoices that lead to missed, late or duplicate payments. The result: happier suppliers, happier team members and fewer service calls.

• Cut costs and delays associated with managing paper and electronic invoices. Invoices enter the system quickly, are routed automatically, are accessible from anywhere, thus reducing the amount of labour needed to complete AP processing. Costs for moving, filing, securing and storing paper documents are also eliminated.

• Free up valuable physical space by storing documents electronically.

If you would like to know more about the FileBound’s Databuild integration capabilities please download the brochure or book a consult using the link below.