Automated AP and AR Solution

Accounts Payable Document Automation Solutions

PSIGEN’s solutions were built for flexibility and scalability.

We understand there’s no one-size-fits-all AP solution for all organizations, so our products are designed to meet the needs of companies of all sizes and structures. PSIcapture can integrate with your organization’s scanners, MFPs, fax servers and network folders, as well as your document repository.

PSIGEN’s products can be scaled to suit growing companies, as well as those that need to downsize. It’s fully customizable and flexible, making it the most sensible document capture option for Accounts Payable departments at any company.

Why choose PSIGEN's PSIcapture AP Solution?

“We expected to get it in place and work out bumps along the way but within the first two weeks, ten people who had been doing the job had all been transitioned into new roles. It was amazing.”

Miriah Cassidy, Senior Director of Sales Support

True Business Automation

Improve the audit process
Reduce the cost of processing an invoice and save significant money in the long-run
Trade in late payment penalties for early payment discounts
Eliminate or greatly reduce the issue of lost invoices
Increase the overall productivity of Accounts Payable staff by eliminating or greatly reducing manual data entry
Reduce the amount of time staff spends processing invoices

Reduce the time spent processing an invoice and cut costs.

Access client information during an off-site meeting or collect a legal signature from your phone or tablet.

Average time to manually process an invoice

16.3 Days

Average time to process an invoice with AP automation:

6.1 Days

Average cost to manually process an invoice

$22.75

Average cost to process an invoice with AP automation

$3.45

Methodology:

Example: The average cost to process an invoice manually is $22.75. If you manually process 1,000 invoices per month, or 12,000 per year, assuming your processing is the same as the average, invoice processing costs our business $273,000 annually. If you switch to automated invoice processing, the average cost to process the invoice is about $3.40, so the cost of processing the same amount of invoices for one year is $40,800. That’s an annual savings of $232,200.(2)

Jan, William & Pezza, Scott. (2012). “AP Invoice Management in a Networked Economy.” Aberdeen Group.

Use our ROI Calculator and see the benefits!

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Line Item Extraction

Extract, calculate and three-way match via database lookup.

Invoice Header Processing

PSIsafe’s open API gives clients and partners the ability to safely and confidently integrate third-party applications to create interoperable document management workflows.