Zero to AP Automation in 45 days or less...

Most companies would find it hard to believe that they can, in fact, stand up a sophisticated AP Automation service in 45 days or less.  AP Automation projects provide for invoice imaging upon receipt, the capture of relevant invoice data, and the provision of PO-matching and/or approval workflow....all in order to improve corporate visibility to outstanding liabilities, reduce the costs of the P2P cycle, and improve compliance with corporate policies around accrual recognition and approval authority.

But one guy I know - Mike Cichy - has been involved with pulling this off at least 2, perhaps more, times in the last couple of years.

The first time was for a well-known hotel chain in the US who was sold by their foreign parent company and given 60 days to move off that foreign parent company's ERP.  Mike and his colleagues helped the hotel chain scope the AP Automation project and stand it up in approx 45 days.  The vendors chosen for this engagement included BancTec and their AP Master application.

The second example of properly standing up AP Automation in a very short time frame is the subject of a presentation this coming week at IAPP's FUSION 2010 conference.  On Tuesday, Mike will be joined by Laura Williams of GateHouse Media as well as Tim Schmandt of Datrose to discuss a case study entitled "Zero to AP Automation in 45 days or less".  Again, a component of this success story is BancTec's AP Master P2P application.  Let's connect if you want to learn more about this case study, but won't be at FUSION....