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| Home > For Healthcare Providers> Hospitals > Enterprise Content Management > Horizon Enterprise Content Manager > Accounts Payable Content Enabled Vertical Application | |
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Enterprise content management from the Accounts Payable Content Enabled Vertical Application (CEVA) gives you the power to expedite the invoicing process by integrating to McKesson’s Pathways Financial Management™ or non-McKesson ERP solution. Studies indicate that the cost to resolve invoice discrepancies (from the point a vendor contacts the accounts payable department with a problem, through resolution) is $30 per invoice. On average, 5% to 25% of all invoices are disputed. A large part of that cost is the man-hours it takes to locate the original invoice and distribute it to the appropriate parties within the organization. Additionally, the accounts payable department receives and generates mounds of paper every day. The need to integrate this paper to the workflow of existing systems like the Best in KLAS Financial/ERP solution Pathways Financial Management, Lawson, Microsoft, Oracle and SAP is the key to maximizing performance in accounts payable. With the Accounts Payable CEVA from Horizon Enterprise Content Manager™, you can support the payment lifecycle from end-to-end, providing the right documentation at the right time. From the capture and automated indexing of packing slips and invoices to electronically routing for defined approvals and cutting the final check, Horizon Enterprise Content Manager organizes and attaches key information to each system transaction, yielding maximum performance and accuracy. Information is securely stored for fast and easy access to accommodate future audits, inquires and general reference. BenefitsHaving the right information at the right time in accounts payable empowers healthcare organizations to:
FeaturesElectronically capture, store and manage documents like:
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