A lack of visibility control and compliance in procurement and accounts payable processes are a recipe for disaster. Fraud is an ever present threat to every organisation’s profitability, and even its continued existence.
Regardless of this threat, the cost of simple Accounts Payable alone is significant and often surprising, with every invoice received costing between £30 – £50 to process manually. Double payments, lost invoices, lack of transparency and high transaction costs are all common problems and add complexity in what should be a simple and streamlined process.
inSTREAM™ provides the ‘hub’ through which all your purchase orders, goods receipts and invoices can be processed. It really is the easiest way to streamline and automate the purchase to pay process. By providing complete visibility, control and compliance throughout, inSTREAM™ enables you to realise significant efficiencies and immediate value by:
- Automating and/or outsourcing tasks
- Streamlining decision making
- Accelerating process performance
- Eliminating errors and omissions
- Minimising the cost of and need for human intervention
We make it simple and our flexible and modular approach enables you to realise immediate return on investment by leveraging even greater value from your current ERP systems and with no capital outlay.