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SciQuest introduces automated electronic invoicing

Friday 12 October 2012 13:41 CET | News

SciQuest, a provider of cloud-based spend management solutions, has released its Digital Mailroom solution for automating the capture of paper invoices in electronic formats.

As part of SciQuest’s invoicing portfolio, Digital Mailroom enables the conversion of paper-based invoices for processing in SciQuest’s Accounts Payable Director. By processing all invoices in a single solution, organizations can identify savings and early payment opportunities while improving invoice processing cycle times.

Accounts payable departments are drowning in paper invoices. According to industry analysts PayStream Advisors, on average more than 60 percent of invoices in an organization are still received as paper.
 


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Keywords: SciQuest, electronic invoicing, Digital Mailroom
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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