Viewing posts categorised under: Business Process Management
September 19, 2018
DocXAP Hit’s the Bullseye Every Time
One of the most famous legends when it comes to consistent accuracy is the English folk hero, Robin Hood. In addition to his fabled exploits of robbing from wealth accumulated by ill-gotten means to help the peasantry, he is perhaps even more famous for his skills in archery. After all, he is not the only legend to “steal from the rich and give to the poor” – but he is the only one to have one of the rarest feats of skill named after him, “The Robin Hood Shot.” The idea is very simple. First, you hit the center of a bullseye in a target, already difficult enough. Then you repeat the shot so perfectly the second arrow splits the first in half. Continue reading “DocXAP Hit’s the Bullseye Every Time”
August 12, 2018
Modernizing your Accounting Department with DocXAP
DocXAP, by Virtual Data Partners, modernizes your company’s accounting process with many benefits. It’s not that your staff is any less important. Far from it, your employees are more important, because with DocXAP one employee can now do what used to take many. From maintaining accounts receivable and accounts payable, to internal documentation and communications, what used to require large departments can be run by small teams or even a single employee (depending on your company’s size). We can process all your current vendor invoices and other existing accounting forms using our 99% accurate OCR and validation service. Continue reading “Modernizing your Accounting Department with DocXAP”
April 20, 2018
Increase Business ROI with DocXAP
A company can measure their profitability by evaluating the performance of a department. The cost of retaining full time processors along with the cost of software, supplies and space will add up quickly when pulling the numbers. But there could also be a loss of investment with human error and process inefficiency that could create a deficiency. The Virtual Data Partners team offers a convenient ROI calculator that compares an Accounts Payable department against the cost of using the DocXAP Solution. Enter basic information such as the number of invoices processed yearly, an average salary of employees and current processing costs to receive a general report of the average investment and savings available. This will establish measurements on value-added employee productivity.
Virtual Data Partners will create a strategy process to eliminate many of the headaches caused by common issues that arise within an accounts payable department. This will be customized to your specific business to offer a tailored approach to AP management that may reduce the need for a fully staffed accounts payable department. The global and local support offered will ensure compliance while reducing overhead cost and streamlining management processes to add value per employee.
DocXAP will assist companies of all sizes to simplify and streamline the process. We’ve combined our two industry-leading services, DocXtraction and DocXchange, into a powerful 100% cloud-based accounts payable solution designed to save you time and money. This integration offers the ability to automatically collect data and file into a financial program. Fully automate today with DocXAP through Virtual Data Partners!
May 8, 2017
Lead Your Business To The End Zone With VDP
I think we can all take a lesson from Bill’s playbook when it comes to embracing a new company initiative. The reason the Patriots have won five Super Bowls under Bill’s leadership is not because they simply come to play every Sunday; it’s because they execute the game plan with absolute precision. That’s why I often scratch my head when companies start with seeking a technology “solution” to a problem. The technology is just the football. It’s the vision and viability of a game plan for using the technology that determines how successful you can be. Continue reading “Lead Your Business To The End Zone With VDP”
