FileBound has provided AP automation solutions for organizations across a broad range of vertical industries, sizes, and locations since 2001. What FileBound consistently delivers is enterprise class functionality without complexity and high costs. Learn more by reading what some of our customers have to say.
Paladin could not be happier with the outcome and improvement in AP processing. The company has improved turnaround times on invoice approvals by 50 percent and seen a return on their investment in less than one year.
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Paladin is committed to providing unsurpassed products and service to its customers. As part of the effort to honor this commitment, management is diligent in examining every facet of the organization, looking for ways to improve results through intelligent streamlining and automation. When management evaluated the company's AP invoice approval processes, it found the system was inefficient, prone to error and lacking in control. The process included emailing invoices to users for approvals and storing images on shared drives upon approval. Immediately, a plan was put in place to evaluate solution alternatives and make improvements.
After thoroughly evaluating the problem and weighing the advantages and disadvantages of various potential remedies, Paladin selected the FileBound AP Solution to correct their system's shortcomings. FileBound provided:
Paladin could not be happier with the outcome and improvement in AP processing. The company has improved turnaround times on invoice approvals by 50 percent and seen a return on their investment in less than one year. Management is pleased that the system allows over 90 percent of configuration and ongoing management to be handled without IT assistance. Furthermore, because the system is licensed with unlimited users, Paladin has seen broad adoption with quick expansion to all 12 sites for AP, and there is a roadmap for automation of HR, Purchasing and Contract Management that is expected to be implemented within 18 months.
By implementing the FileBound AP solution, T. Parker Host has been able to improve their customer service levels, tighten internal controls and build scalability to support their continued growth plans.
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With all of this activity spread out across 14 locations and the need to quickly manage port turnaround times they needed a better way of processing, approving, and accessing AP invoices. Invoices need to be approved, paid, and reconciled to customer's pre-paid accounts quickly to meet the customer's expectations, while limiting risk and errors. Often the person who needs to approve the invoice is at a different location so sending the invoice to them and managing turnaround times is difficult.
T. Parker selected and implemented a FileBound AP Automation solution to address their needs. The FileBound solution provided:
By implementing the FileBound AP solution, T. Parker Host has been able to improve their customer service levels, tighten internal controls and build scalability to support their continued growth plans. The new solution has allowed them to significantly reduce cycle times and error rates, while increasing the predictability of their results, and most importantly lowering operational costs.
