Stylus AP – An accounts payable solution:

Enabling new levels of efficiency in Invoice processing and exception handling

Does your AP department still process Paper invoices? if so, you would be facing the following issues:

• High per invoice processing cost
• Low business controls
• Cumbersome Invoice archiving
• Penalties due to late payments
• Missed opportunities for discounts
• Duplicate and erroneous payments
• Slow turnaround time
• No visibility into the status of invoices

If Yes, try Stylus AP

StylusFMS’ innovative on demand accounts payable automation solution StylusAP provides an  affordable solution  that helps companies manage their AP process efficiently irrespective of their industry  and  size. Simply stated StylusAP helps companies achieve tangible and measurable results in their Accounts Payable department. This state-of-the art and enterprise-class accounts payable automation solution uses smart technology and the secure systems. The solution is delivered via internet in an on-demand (SAAS model).

The ability to automate and efficiently manage invoices can improve employee utilization, cut operating costs and enable more efficient use of cash. According to studies conducted by the International Association of Payables Professionals (IAPP), the cost to process an invoice manually can range from $15 to $30 or even more. And a recent Aberdeen study revealed that automating the payables process reduced that operating cost by as much as 91 percent. These companies spent 30 percent less time responding to vendor inquiries and have 12 percent fewer late payments.

StylusAP’s Accounts Payable Solution provides instant access to invoice and P.O. information and streamlines invoice processing and exception handling.

As  StylusAP is delivered as a Web-based service, you never have to worry about buying hardware or installing and maintaining software. The solution is so easy to configure and implement that you can be up and running in a fraction of the time it takes for on-premises software.