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Automated Invoice processing

Author: stewart jacobsen
Added: 07/03/2005
Status: Public
Viewed: 1369 time(s)


  

HMSL processes more than £3billion of invoices per annum for finance and accounting shared service clients, who enjoy reduced cost and business process improvement within their accounts payable functions, using HMSL’s AP Invoices management service.

Substantial productivity gains
Current clients have seen productivity improvements up to 76.7%, with a 50% reduction in FTE's and 85% of invoices meeting payment terms first time.

Our service model is transaction based so you only pay for items processed with minimal set up charge; normally full roll out of the service can be achieved in 30 days using the latest OCR/ICR technology.

Every organisation requires the AP process to reflect and comply with their internal business rules and "ways of doing things". The HMSL AP Service adapts to ensure that it meets your requirements. We don't assume we understand your business better than you do, instead we focus on the people-intensive processing 'hot-spots' that can be better serviced by us.

We have a track record in providing blue-chip organisations with savings in operating costs through the re-deployment of resources resulting from the introduction of our AP service.

100% e-invoicing

HMSL has developed ‘Invoice Hub’ a central receipting service for all invoice formats, including: Paper, EDI, XML, or any electronic format invoice.  ‘Invoice Hub’ manages the transmission of vendors who are moving away from paper to electronic delivery, without the need for you to change any of your processes.

Visit our site - see links below

or give us a call: +44 (0)1992 500555


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