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Ricoh Australia has today launched an accounts payable solution, designed to automate the AP process and give business greater cash flow control.
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Ricoh launches AP solution
19 June 2015
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7 minute read
In a statement, Ricoh said the solution can be configured to fit customers’ unique accounting systems, significantly reducing the burden of manually entering invoice data.
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Stuart Hammond, Ricoh's group manager, solutions and technology product marketing, said the solution was developed on the back of client demand.
“Ricoh had several customers who were asking us for an intuitive accounts payable system that offers flexible approval processes,” Mr Hammond said.
“We recognised the need for a simple solution that we could also integrate with a Ricoh multifunction device.”
The solution enables companies to match invoices against purchase orders while providing an electronic audit trail, receipt documents and contracts.
Alan Burt, chief technology officer, Ricoh Australia, said standardised invoice processes can save companies significant amounts of valuable time.
“The automated workflow delivers cost efficiencies and improves processing speed,” Mr Burt said.
“It allows employees from different departments or in different locations to scan documents into workflow systems for routing, approval and payment, turning it into a process as simple as pressing a button on their Ricoh multifunction device.”
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