Accounts Payable
Manually intensive accounts payable procedures significantly impact a business’ bottom line.
The average company pays hundreds of thousands (if not millions) of dollars a year to process invoices, perform purchase order matching, address defects and respond to vendor inquiries. This does not even take into account late payment penalties, missed discounts, duplicate payments and reworks. With an increased focus on cost reduction and improved fiscal management, executive management teams are realizing the positive effects of automating the full receipt-to-pay process.
BancTec’s Accounts Payable portfolio of solutions is specifically designed to address the challenges that exist at every stage of the accounts payable process, allowing companies to reduce costs, increase control and maximise efficiency:
BancTec’s AP Master BPO offering is an outsourced accounts payable offering that manages both electronic and paper invoices for a guaranteed reduction of processing cost per invoice.
AP Master BPO Data Sheet 
BancTec’s AP Master provides a full functionality in-house solution featuring automated invoice processing, advanced line-item PO matching, customised reports, integration with client ERP systems and advanced implementation and training.
AP Master Data Sheet
AP Master Control offers advanced control and process functionality to reduce costs and ensure regulatory requirements. This automated in-house solution provides customisable workflow, multi-level approvals and dashboard monitoring.
AP Master Control
AP Master QuickStart is an easy to implement, in-house automated solution that reduces labour-intensive processes, shortens cycle times and maximises financial control all at a competitive price.
AP Master Quick Start
