For CEOs or CFOs looking to improve performance while driving down costs, implementing an effective accounts payable outsourcing solution has become a top priority as AP processing represents an essential part of any organization’s everyday operations.
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ARDEM was contacted by an enterprise document management company providing automation and imaging services based in Canada for assistance with processing waybills and bills of lading (BOLs).
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OCR-backed invoice capture is being touted as a game-changer in invoice processing, accelerating data collection for faster approval and payment cycles.
However, while automated OCR or optical character recognition has brought about a revolution in the standard invoice management process, it’s not enough on its own to carry out a successful accounts payable operation.
Outsourcing accounts payable is fast becoming a standard business practice that aims to delegate the trials of invoice processing and payment to a trusted partner while focusing precious internal resources on developing and enhancing a business’s core competency.
At ARDEM, we consistently strive to exceed our client’s expectations. This was the goal when we were contacted by an ESG data management company that provides software solutions for the commercial real estate industry and was looking for a reliable partner who could help them with high-volume utility bill processing.
As data collection from utility bills moves beyond simply recording periodic usage to tracking consumption trends over a period of time for smarter energy management insights, utility bill outsourcing solutions also need to innovate and match stride with the changing times.
ARDEM was contacted by a utility tracking and energy benchmarking company to help them optimize data processing from incoming utility bills. The task at hand was to process data from over 11,000 utility bills and provide advanced analytics for smarter decision-making.
One of our long-term partners, a state health department contacted ARDEM, requesting assistance with processing COVID-19 test requisition forms from multiple testing centers.
ARDEM had worked with the state health department previously as we were originally awarded a seven-year contract for the data entry from Flu Immunization Questionnaires and processing HIV data.