ROI Value Drivers: Applying Document Capture & Retrieval Technology in Accounts Payable

Solution Payback Assessment
Accounts payable (AP) processes have traditionally been characterized by heavyvolumes of paper documentation coming from disparate locations, requiring manually intensive data entry and matching tasks. Working with Xerox Global Services, companies can significantly reduce processing costs, recover early payment discounts, prevent late payment penalties, reduce errors, and streamline audit compliance processes by incorporating automation and indexed metadata to streamline processes. The result can save companies millions annually, generating a return on investment of over 90% in three years and payback in less than 12 months.

Top ROI Value Drivers
Document capture, retrieval, and information management technologies can generate bottom line economic impact through:

•Lowered transaction processing costs
• Improved payment accuracy
• Improved capture of payment discounts
• Streamlined audit and compliance processes
• Reduced IT infrastructure costs
• Eliminated or reduced storage costs