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!