Accounts payable (AP) automation firm Beanworks by Quadient is offering a no-cost workflow solution to businesses still entrenched in cutting checks manually and depending on paper processes over digital advances.
The free AP workflow offered by Beanworks provides businesses with a cross-section of tools to overhaul manual paper processes for payments. By digitizing AP processes, businesses gain real-time insights into the status of invoices, AP inboxes and payment approvals.
The workflow is designed to get rid of the need for duplicate data entries, Beanworks said in a press release emailed to PYMNTS. Aside from the no-cost workflow solution, Beanworks has an upgraded protocol that offers companies automatic data capture, multi-level invoice approval channels, and purchase order matching.
See also: The Three Reasons Why Businesses Still Use Paper Invoices
Beanworks offers a full touchless accounts payable process in addition to an accounts payable automation tool that solves everyday dilemmas related to paper-based AP functions.
“At Beanworks, we are constantly looking for ways to help accounting teams improve efficiency and streamline their payment processes,” said Catherine Dahl, CEO of Beanworks by Quadient.
“We have created this complimentary payment solution for businesses who want an easy-to-adopt cloud-based software that helps them pay their invoices in a matter of minutes rather than hours,” Dahl added.
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The free AP workflow solution by Beanworks offers businesses multiple choices in payment processing — checks, ACH, VCC, Foreign Exchanges Wires and EFT. The free payments solution integrates with multiple services common to many companies — QuickBooks, Sage 50, Sage 100, Sage 300, Sage Intacct, Microsoft Dynamics GP, NetSuite and others.
Beanworks by Quadient offers accounting teams an all-in-one cloud-based accounts payable automation solution. The solution helps businesses overhaul AP workflows end-to-end and gives accounting teams remote control that’s automated, digitized, and thorough.