Showing posts tagged with: DocXAP

August 12, 2018

Modernizing your Accounting Department with DocXAP
Much like the Industrial Revolution in the late 1700 and early 1800’s greatly enhanced the workforce and reduced the cost of hard labor, the Technological Revolution of the late 1900’s, continuing even to this day, is improving efficiency and dropping the cost of internal company processes. Much of the work that used to require accountants and clerks can now be handled by computers and programs. These software applications and processes are far faster, more accurate, and cost less than relying purely on labor alone.

DocXAP, by Virtual Data Partners, modernizes your company’s accounting process with many benefits. It’s not that your staff is any less important. Far from it, your employees are more important, because with DocXAP one employee can now do what used to take many. From maintaining accounts receivable and accounts payable, to internal documentation and communications, what used to require large departments can be run by small teams or even a single employee (depending on your company’s size). We can process all your current vendor invoices and other existing accounting forms using our 99% accurate OCR and validation service. Continue reading “Modernizing your Accounting Department with DocXAP” →

July 18, 2018

Employee of the Month: DocXAP
Think of all your employees that are involved in your accounting process. Think of how much you are paying for these employees and any additional staffing throughout the year. Now, they are certainly worth it; you wouldn’t be keeping them if they weren’t. And yet, you may be missing out on arguably the most efficient add-on to your workforce, and one whose costs aren’t nearly as expensive.

Next, take the accounting department challenge: Find an employee with at least 15 years of experience, knowledge in every major ERP system, experience in over 14 industries with recommendations from all of them, and someone willing to work around the clock. Most likely, they’ll laugh at you, because it’s obviously a joke. Then you pull out the big kicker…..that this employee should be available 24/7, never need to take a sick day, and not request a single vacation.

Now that you have them fully convinced you’ve lost your sanity, introduce them to Virtual Data Partner’s DocXAP. True, this BPO candidate has an unfair advantage – it’s not all human. But when you see what this entire asset can do, at its cost, you will want DocXAP working for your company. Continue reading “Employee of the Month: DocXAP” →

May 8, 2017

Why Playing Cornhole In The Office Is A Terrible idea
Most people have played cornhole (also known as bean bag toss) at least once in their life. It’s a fun game, but let’s be honest, there’s not much strategy or skill involved. No matter how much you’ve had to drink or how bad of aim you have, if you keep at it, chances are one of those bean bags will end up in the hole at some point. That’s what I liken many AP departments’ methods for processing invoices to. Companies struggle with streamlining their processes, which tend to be very labor-intensive solely because of the volume of paper involved. At the end of the day, there is no strategy. When an invoice is received, it may be a long, drawn-out process to get it paid, but “eventually it will get paid!” Continue reading “Why Playing Cornhole In The Office Is A Terrible idea” →