New service in Paymerang’s FinTech portfolio offers numerous efficiencies in accounts payable processes.
Paymerang (https://www.paymerang.com), a leader in accounts payable automation, has launched an innovative Invoice Automation Solution designed to help organizations gain efficiency, improve accuracy, enhance visibility, and eliminate paper in their accounting processes.
“This proprietary Invoice Automation Solution saves time in approving and posting invoices, as well as reducing errors through automated invoice capture and posting,” said Nasser Chanda, CEO of Paymerang. Chanda further noted that the Invoice Automation Solution allows accounting professionals to gain immediate visibility to all invoices and their approval status, along with enabling companies to go paperless due to electronic processing and archiving.
Paymerang recently provided a seamless integration of the Invoice Automation Solution to the accounts payable processes at the Collegiate School in Richmond, Va. “We’re delighted with the efficiencies in approving and posting invoices that have been gained through this quality financial product,” said Jenn Quindoza, Controller/Risk Manager for the Collegiate School. “Our budget managers now have instant access to processed invoices, and they love that it’s paperless.”
“This unique product is revolutionary for clients,” concluded Chanda. “It’s a critical component of a full-scale accounts payable automation solution to help organizations become more efficient, secure, and profitable.”