Automated Vendor Payment Document Management

Efficient Processing of Vendor Payments

Processing vendor payments poses a problem for many organizations because they lack the automated system to expedite the process. The process of moving various documents through the appropriate channels to reach the accounts team and finally authorize the payment to be processed can take time and is highly susceptible to human error. Relying on this manual process creates repetitive work and can extend the time between orders and outgoing deliveries. Living in a world of immediate gratification, even the slightest delays can damage your vendor relationships enough for them to consider a new customer. Is it really worth the risk?

Our solution for

Providing Paperless and Automated Vendor Payment Processing

Compleo enables your vendors to upload digital copies of invoices and related documents directly on to your system. These documents are then automatically matched with the purchase orders and goods receipt/delivery note that were initially created and are on file. Once the documents are matched within Compleo, they are automatically distributed to the accounts team for a quick payment processing, thus expediting your outgoing delivery.

Benefits

of Automating your Document Management

  • Avoid physical copies and delays in post
  • Automation eliminates human error
  • Eliminates delays due to manual sorting and distribution of documents
  • Easily review uploaded documents and provide clear information of payment status to vendors

Learn more

Explore our additional resources:

Whitepaper

Improve Output Document Management Performance

In this whitepaper, we discuss factors influencing the implementation strategies of an Output Management Solution. We outline the best suited architectures that an Output Management Solution should fulfill, to face performance requests in various configurations.

Video

Learn more about Document Management

In this short clip you will see how you can automate all your business documents and reports with Compleo Suite by Symtrax. The full suite offers powerful modules that will help fully automate your business processes.

Live Demo

Request a live demo to see how it works

Request a live demonstration of our solution to see how it all works. One of our consultants will take you through our software and will explain how it will fit your specific situation during a short demonstration scheduled at your convenience.