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"Thanks to Ascent for Invoices, we have seen a marked increase in customer service, employee productivity and company profitability."
-Peter Rudolph.
Aero-Dienst

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Designed to streamline high-valued business processes, Hershey Technologies offers a unique blend of document capture and workflow technologies that can significantly reduce the time associated with all aspects of document and form processing.

Minimize Document and Form Processing Time
Use of Hershey Technologies' XenDocs or Cardiff's LiquidOffice BPM solutions can streamline your document-based processes by handling complex business rules with minimal human interaction. Business rules can be created by due date, discount, vendor name, business unit or any combination thereof. Payments can also be automatically scheduled, using rules that maximize the cash cycle, and where appropriate, take advantage of discounts and supplier payment terms.

Increase ROI and Save Money
50-90% of a professional’s time is spent on manual data entry. Use of imaging and workflow are two proven technology components that immediately reduce document processing cycle times. In the case of invoices, this could completely eliminate late fees and achieve greater savings through vendor discounts.

Hershey clients have experienced some of the following:

  • Significant reduction in cost per transaction (CPT)
  • Improved cash management through AP liability reporting
  • Reduced data entry costs and increased production

Optimize Corporate Performance
With Hershey’s advanced form processing solutions you can minimize the complexity of developing and maintaining an invoice processing system. Invoice data can be:

  • Available within minutes of scan time
  • Used to see AP liabilities before this information even enters back-end accounting and ERP systems
  • Used to better manage cash at hand
  • Adjust the processing order of invoices yet to be posted into the system
  • Capitalized on preferred vendor relationships and vendor discounts

Instantly Retrieve Documents
Professionals spend up to 50% of their time searching for information. With the use of advanced form processing software you can ensure that documents are classified and indexed for easy retrieval in an electronic archive system. When you need to retrieve a document, it is available in seconds – not minutes, hours or days, saving you time.

Gain an Auditable Business Process
Hershey’s advanced form processing software solutions help you keep a record of critical business processes. As each batch of documents is scanned or electronically imported into a process, it is electronically stamped with the date and time, with key data automatically identified. This gives your ERP or archive systems the necessary information to recall any document anytime – anywhere.

 


 

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