#Invoice pro adding labor manual

The person processing invoices now has over 2 extra business weeks of time a year available to work on other projects and tasks! Tasks like data analysis and vendor relations that can save your company money.Ĭlick here to see some suggestions for what your AP staff could be working on once they are freed from performing manual data entry all day! The time savings is 10 minutes per invoice or about 83 hours of extra time per year. The cost savings for the hard labor cost alone is about $113/day – or over $29K/year. So now the clerk only spends about 50 minutes per day processing invoices instead of 5 hours! The hard labor cost to process invoices falls from $135/day down to about $22/day. That same AP clerk can now process about 30 invoices per hour rather than 5. Now let’s consider the same company after implementing A/P One invoice automation. That person’s hard labor cost to the company works out to about $135 per day processing invoices.

#Invoice pro adding labor full

Before A/P One AP CalculationĪ company processing 500 invoices per month would likely have one full time AP clerk that spends an average of 5 hours a day processing invoices before he or she focuses on other tasks.Īgain, that clerk’s cost to the company is about $27 per hour for processing 5 invoices per hour. Let’s do the AP calculation for a company manually processing 500 invoices per month. SCHEDULE A PERSONAL ONLINE DEMO OF A/P ONE Invoice Processing Hard Labor Cost Savings with A/P One: A Case Study So you can rest assured that your data is nearly 100% accurate.Īny time there is a discrepancy, a question, or even a doubt about a piece of data, we flag that invoice data for your AP staff to review.

#Invoice pro adding labor verification

With CoreIntegrator Data Capture Service, we automate your AP invoice data capture through our rigorous automated AND human verification process. Within 1 business day, the invoice shows up in the clerk’s work queue with important data automatically entered in your system ready to be processed. With AP automation you or your vendor can scan or email invoices directly into the A/P One Verified Data Capture Service. It’s called CoreInterator Verified Data Capture Service. How does AP/One create this significant invoice automation efficiency? This includes data entry, proofing the manual entry, correcting ‘fat-finger’ mistakes and processing the invoice.īut A/P One automation creates efficiency that allows your AP clerk to process 30 invoices per hour (2 minutes per invoice)!Ī/P One saves time by improving your AP clerk processing rate from 5 invoices per hour to 30 invoices per hour. It’s a simple AP calculation: the industry average AP clerk can process 5 manual invoices per hour (12 minutes per invoice). Implementing an AP automation solution like A/P One can reduce the hard labor cost of invoice processing by 78% – resulting in immediate cost savings and ROI for your company. CLICK HERE TO WATCH A VIDEO DEMONSTRATION OF A/P ONE How AP Invoice Automation Reduces the Hard Cost of Invoice Processing