FileBound e-Now Product Overview
Kollabria Analyst Snapshot Review - FileBound e-Now: A long standing rule of thumb is that it takes one accounting clerk to process approximately 1,000 invoices. Entering the data from paper invoices into the accounting system is a major part of the labor cost for a finance department. Some big companies have automated that process with expensive systems that can scan the documents, extract the critical information from the paper invoice and upload that content to the appropriate accounting program or ERP solution. The implementation process for these solutions is lengthy for many reas ...
- Health Partners Explanation of Benefit Forms - Document Management
Article Abstract: A region of Catholic Healthcare Partners is the largest health system in Ohio and the seventh largest not-for-profit health system in the United States. With facilities throughout Mahoning, Trumbull, and Columbiana Counties, these Partners are proud to be the area’s preferred provider for health care services. Article Excerpt: The Problem When services are provided to patients, claims for the payment of these services are submitted to third party payers (insurance companies, government agencies, 3rd party administrators, etc.). Payments are made to the provide ...
- Agriculture Equipment Company - Document Management
Article Abstract: Accounts Payable Documents Ronald D. Offutt opened his first John Deere agriculture equipment dealership in Casselton, ND in 1968. His equipment company has since grown to 53 locations in 10 states, and has become one of the leading companies engaged in the restructuring and consolidation of the retail equipment and truck retail industries. Article Excerpt: The Problem The company was receiving between 1,500 and 2,000 Accounts Payable invoices daily. The invoices were either mailed directly to one of 53 branch offices, or mailed to the main office and then routed to ...
- FileBound On-Demand Overview
Kollabria Analyst Review of FileBound On-Demand: FileBound On-Demand is a powerful document management solution built on a modern software architecture (.NET) that is accessible over the internet from the FileBound document management cloud. Filebound On-Demand is a cost effective, fully featured and customizeable integrated document management solution offering common workflow, forms and document processing capabilities over the internet. FileBound On-Demand is ideally suited for enterprises of any size that recognize the numerous benefits of highly secure cloud-based document storage, ...
- Clear Cost Model Allows Easy ROI Calculations
Article Abstract: Return on Investment (ROI) is at the heart of every significant business decision. In the simplest of terms it is a measure of what you get for what you give. Research by Ohio State University found that 4 out of 5 buyers seek “value” before price. In other words, most people will give more to get more. Article Excerpt: “Value” includes Quality, Flexibility of the offering and Availability all as a function of Price. “Quality” means the product delivers what is required (or wanted) and does what is promised. Economists call ...
- Simple Web-based Service Solves Age Old Problems with Paper Invoices
Article Abstract: The major challenge that accounts payable departments have always faced is the cost and hassle of handling paper invoices. Paper invoices are inherently difficult to control, manage, and distribute. When you measure the characteristics of paper invoices up against the major tasks that accounts payable departments are required to accomplish, you begin to see where the disconnect comes from. Article: There is no easy fool proof way of routing paper invoices for approvals or to access them to solve everyday business questions. An ever bigger challenge is the cost of ...
- Tomorrow’s Promise of e-Invoicing is Delivered Today for a Quarter
Article Abstract: Technology is a powerful driver for economic growth from two perspectives. First, as Tom Peters observed it “allows organizations to create business models in ways never dreamed of in earlier times.” Examples of this include electronic commerce (the fastest growing retail segment), virtual corporations and cross-continental project collaboration. These business models could not exist without the use of computer technology. In addition, they replaced business models that were more costly and less productive. Article Excerpt: Beyond creating new busine ...
- County Sheriffs Office Seamless Innovation – Document Management
Article Abstract: This County Sheriff’s Office is a fully integrated law enforcement agency committed to being the leader in establishing the standards for providing professional quality law enforcement, detention, and support services to the citizens and to other criminal justice agencies. Headed by the famed Sheriff Joe Arpaio, this office is the most talked about and nationally recognized Sheriff’s Office in the country today. Article Excerpt: The Problem The office, the largest sheriff’s office in the country, desperately needed to streamline their employee hir ...
- Finally a Bridge to Pure e-invoicing
Article Abstract: The introduction of mini and micro computers to the business community in the 1980s created an unprecedented explosion of productivity. With that growth in productivity came an economic inflection point like none other in history. The success of technology adoption lead to even greater demand and the possibilities seemed endless. Article Excerpt: One of the early adapters to computer technology was finance and accounting. These areas were traditionally the largest departments in employee headcount. The use of information systems resulted in a dramatic reductio ...
- Enterprise Invoice Processing For the Masses
Article Abstract: According to a 2009 survey conducted by the Accounts Payable Network, the average cost of processing an invoice for companies with less than 500 employees is $8.88, whereas companies in the largest category of 10,000 + employees reported a cost of $3.06. Also, the study reported that frontend scanning and automated workflow were implemented by only 22% of organizations with less than 500 employees, yet by over 60% of those in the largest category. Article Excerpt: The results of this survey demonstrate a clear reduction in cost when these automation solutions are impl ...
