Streamline Accounts Payable Document
Management with FileBound AP

FileBound AP offers small- and medium-sized businesses a turn-key package solution to streamline accounts payable processes.

With FileBound AP you gain control and add automation to the accounts payable process for cost savings, quality management and scalability.

FileBound AP is designed to be an end to end solution: capturing documents at the beginning of their life cycle eliminates many of the challenges associated with managing paper documents. Captured documents enter an automated workflow for all approval, decision-making and conflict resolution processing. Rules, roles, and deadlines get configured once and automatically applied over and over again. Taking the human element out of decision-making processes reduces errors and collapses the time to process documents.

FileBound AP improves the following accounts payable processes:

• Receiving Document Handling
• Invoice Approval Processing
• Invoice Coding Automation
• Documented Payment Matching
• Integrated Document Retrieval

FileBound AP solves these accounts payable challenges:

• Reduces the risk of making costly duplicate payments
• Provides a process to address incomplete or incorrect invoices
• Allows for accepting discounts through improved process cycle times
• Reduces vendor relationship issues due to lost invoices or late payments
• Provides organizational scalability allowing varied volume and growth
• Reduces basic human error
• Provides predictable operational costs for better planning and budgeting
• Reduces organizational risk and provides disaster recovery plan

FileBound offers unique electronic forms capabilities and provides process control, reporting capabilities, scalability and cost-savings. FileBound can be deployed right out of the box or customized to meet specific needs.