When a business or corporation is in dire need of transitioning to an automated accounting process (payables or receivables), it should search for a solution that provides more organization and compliance than their current process, therefore targeting a reduction in high operating costs.
The Virtual Data Partners team helps you gain control over the entire invoice handling process by providing and using innovative, cost-effective and efficient invoice automation software. Several of the key advantages our automated accounting solutions provide are:
- Savings for your business that will reduce the cost of all operations by automating the accounts payable or receivable process.
- Integration with your back-end systems (LOB applications, ECM and DMS) and many popular ERP and accounting systems effectively and seamlessly.
- Going paperless adds value by eliminating errors and reducing processing and paper costs.
- Improved approval time which will turn accounts payable into a great revenue generator, so you could enjoy early vendor discounts while spending less time on manual processes.
We understand the headache of fluctuating volumes of invoices which always arrive in different formats. Traditional frustrations include manual keying of data into systems and ineffective workflows approvals, which often lead to a laborious and lengthy process. These can cost a business key loss of data, human errors, duplicate payments, and high levels of non-compliance.
These reason have led Virtual Data Partners to create a paradigm shifting solution called DocXAP, which offers a fully automated accounting solution without any boundaries on invoice automation. Our process automation tools will save you time and money, and accelerate invoice processing up to 75% with our customized capture and workflow solutions. Process dashboards come pre-built into all system and provide a complete visual into all performances and process metrics. To cap it off, our development teams have spent the last 15+ years integrating with a variety of ERP platforms, and many other systems, in order to create seamless processing.
How does Virtual Data Partner Differentiate from Competitors?
We strive to set ourselves apart from the typical accounting solutions company, who often sell high cost on-premise capture solutions, or software which will always carry some level of involvement by user(s), or a solution that only solves 80% of the problem. Furthermore, although other solutions appear to be scalable and elastic, they have in most cases been seen to contrast sharply with components like software and hardware.
With Virtual Data Partners, you will not be required to purchase any hardware or software – thus, there won’t be a need to leverage any IT resources. You simply provide us the electronic images or have vendors deliver send them directly. We will efficiently process your invoices and other critical supporting business documents within 24 hours and with 99% overall data accuracy. Invoices can then be routed to users and approvers based on amounts, locations, specific GL codes or any other attribute. Our easy-to-use interface and dashboards are clear and concise, so you can have the ability to identify all your necessary accounting data.
Select from three tiers of service or we can create a custom tailored solution to meet the specific needs of your business. Our simple, straightforward pricing doesn’t require any major upfront capital investment; instead, your monthly fee is just for what we process.
Shift the paradigm! Transition to a fully automated BPO accounting solution that will have you saying – Easy, Peasy, Invoice Breezy! Learn more about DocXAP and how to effectively manage your entire accounting process with Virtual Data Partners.
