Financial Management

Price: varies | Upgrade: | Copies sold: 50 - 99
Current version: 1.x | Year released: 2002 | Year updated: 2003

Documentation:
  • on-line help

Description:
PAY saves time and money by automating the manual process of receiving, entering and approving invoices.

Invoices are sent to a PAY “Billbox” where they are scanned and processed the day they are received. PAY automatically routes the invoices via the Internet to your property managers and back office personnel across the enterprise.

Using their web browsers, they can quickly and easily view, code, approve and forward invoices online. PAY automatically updates your accounts payable systems throughout the approval process.

Features:
-- No change in vendor behavior required, supports their current processes
-- Reduces nonrecoverable operating costs such as late fees and paper handling overhead
-- Delivers centralized accounts payable controls and consistency
-- Substantially reduces manual data entry and errors
-- Improves invoice cycle time resulting in improved vendor terms
-- Enables strategic sourcing initiatives and better service for tenants

Benefits:
-- No hardware to buy or infrastructure costs
-- Provides immediate, enterprise-wide access to accounts payable information
-- State-of-the-art invoice Processing Center for fast, accurate conversion of paper to data
-- Online visibility into all payments and exceptions through a browser
-- Complements Realm's COLLECT solution
-- Easy-to-use interface minimizes training and rollout overhead
-- Built specifically for the real estate industry
-- Enables paper rather than trying to replace it with a proprietary electronic system



Computer operating systems:
  • Web based