Document imaging needs of the public sector has grown significantly over the years. Historically the public sector has always “had a form for that” and subsequently has needed to store that form. And with the costs rising and budget shrinking the need for document imaging to cost effectively store all those forms. Now the public sector has been slower than the commercial sector to adopt electronic information, however, they are moving towards going paperless. Here are a couple of reasons why:
Archive for the ‘Accounts Payable’ Category
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How can I lower my invoice processing errors?
Does this sound familiar, last month my business lost money because of invoicing processing errors. Let me start at the beginning. As part of a solution set for our customers we buy high-end printers and scanners from a distributor for resale. We add a modest 5% margin to the cost of the unit and when we are able to pay our invoice early our distributor gives us a 2% discount, giving us a little extra profitability on the deal.