“The introduction of Infoware Services approval app and interface with OCR has streamlined both accounts payable and other areas of our business. Our volume of creditor invoices has increased by 70% since introduction of i4 Creditor Approvals. Previously our creditors clerk was struggling with processing invoices for 4000 invoices and was assisted by a casual a couple of days per week. The volume has now grown to almost 7000 invoices per month and is now being comfortably handled by the one person in 4 days per week. More importantly the culture has changed as these and all other documents scanned can be immediately retrieved away from the office.
Introducing OCR and Infoware’s i4 Creditor Approval process has been a major plus in our company’s administration and costings. The flow on benefits are substantial. For our annual financial audit, we now give our auditors a computer and they can drill down straight to a PDF image of any invoice they wish to sight – rather than going through filing cabinets and archive boxes. Similarly, engineers and project managers can view invoices straight from a link in a job cost report rather than going to a filing cabinet to view the details. Our auditors, clients and competitors are amazed at what we are able achieve with such a lean administration team.”