SaaS: Is security still under a cloud?

admin | August 21, 2009

 
Security of data, especially financial information seems to be the biggest concern of business owners and leaders when it comes to employing cloud applications. Here are a couple of comments from professional accountants when asked if they would consider moving from their current on-premise applications to on-demand applications delivered on the internet.

“As a user [...]

Best Practices in Accounts Payable Automation

admin | July 31, 2009

We have identifed six repeatable best practices in Accounts Payable automation
 
1.             Get rid of the paper
2.             Reduce manual and ad-hoc processes
3.             Handle exceptions and discrepancies in a timely manner
4.             Gain incremental value
5.             Measure and benchmark performance
6.             Say NO to managing technology and YES to managing the AP process

In Favor of AP Automation

admin | May 25, 2009

 

The main reasons for moving from a manual AP process to an automated one are the problems associated with the manual invoice processing.

High per invoice cost
Low business controls
Cumbersome Invoice archiving
Penalties due to late payments 
 Missed opportunities for discounts
 Duplicate and erroneous payments
Slow turnaround time
No visibility into the status of invoices

StylusAP Advantage

admin | May 25, 2009

Cut the cost of invoice processing by 50%
 Reduce paper storage costs by 90%
Save 70% on staff costs
Improve processing efficiency and reduce errors
Enhance financial control and visibility
Reduce discrepancies and exceptions
Avoid late payment penalties

Key Product Features- StylusAP AP Automation Solution

admin | May 21, 2009

Key Features of the StylusAP Auto­mation Solution
 
The StylusAP Accounts Payable Automation Solution includes everything you need to achieve the important benefits mentioned above.
 
Invoice Capture: Convert paper invoices to digital images at the point of receipt; capture inbound faxes and e-mails automatically; scan in batch or single-docu­ment scanning mode; eliminate manual data input with intelligent data [...]

StylusAP

admin | May 14, 2009

StylusAP provides an affordable, innovative on demand accounts payable automation solution for companies of every shape and size. Simply stated StylusAP works every day to help companies to achieve tangible and measurable results with accounts payable management initiatives that use smart technology and the most secure systems. StylusAP provides state-of-the art accounts payable management solution [...]