AP Assured
Eliminate duplicate payments and ensure vendor payment accuracy
AP-Assured Processing employs sophisticated algorithms to identify and prevent duplicate vendor payments before they occur. Our solution analyzes invoice data across multiple dimensions to detect potential duplicates even when key details differ slightly.
Key Features
- Multi-dimensional duplicate detection algorithms
- Real-time payment verification
- Historical payment analysis to identify patterns
- Customizable rule engine for organization-specific policies
Benefits
- Prevent financial losses from duplicate payments
- Reduce audit and recovery costs
- Improve vendor relationships with accurate payments
Success Story
"After implementing AP-Assured Processing, we discovered and prevented over $450,000 in potential duplicate payments within the first quarter. The system paid for itself within weeks."
— Financial Director, Manufacturing Company
Key Results
- 98.7% reduction in duplicate payments
- 75% less time spent on payment verification
- ROI achieved within 6 weeks of implementation
AP Accurate
Automated supplier statement reconciliation with your ERP system
AP-Accurate Processing automates the tedious process of reconciling supplier statements with your ERP system records. Our solution automatically imports statement data, matches it against your system records, and identifies discrepancies for resolution.
Key Features
- Automated statement import from various formats (PDF, Excel, CSV)
- Intelligent transaction matching algorithms
- Exception handling workflow for discrepancies
- Comprehensive audit trail and reporting
Benefits
- Drastically reduce reconciliation time
- Identify discrepancies quickly for resolution
- Improve supplier relationships with accurate payments
Case Study
"Before implementing AP-Accurate Processing, our month-end reconciliations took our team 5 days on average. Now we complete them in just 1 day with greater accuracy and confidence."
— AP Manager, Retail Chain
Implementation Results
- 80% reduction in reconciliation time
- 99.2% accuracy in matching transactions
- Identified $120,000 in billing discrepancies in first quarter