Never Miss a Discount Again
Early payment discounts are a sure way to minimize costs. But you can only take advantage of them if your AP team can expedite payment. Whether you process dozens or thousands of invoices each day, Ascent for Payables accelerates your workflow so you can make the most of vendor discounts. Using sophisticated data extraction technology, it identifies invoices so they can be quickly routed to the appropriate AP representative for immediate fulfillment.

Gain An Auditable Business Process
Ascent for Payables helps you keep a record of your AP process. As each batch of invoices is scanned into the process, it is electronically date and time stamped, and the vendor and invoice date are automatically identified. This gives your ERP or archive systems the necessary information to recall any invoice when you need it.

Built on the Power of Ascent
Ascent for Payables is built on Ascent Capture, the world’s most popular information capture platform. Ascent reduces costs and accelerates business processes by automating the three basic steps in capturing information: collecting data and documents from the source, transforming them into retrievable information, and delivering it all into databases, content management systems and line-of-business applications. Ascent is a robust platform that can be easily deployed in a single department or be expanded to support the capture needs of an entire distributed enterprise. With Ascent as its foundation, Ascent for Payables is a solid solution for accelerating your AP workflow.

Benefits:

• Reduces invoice sorting and paper handling.
• Distributes retrieval of invoices and associated documents to auditors or responsible
• Minimizes on-site storage requirements.
• Prints letter codes in the lower left corner for identifying original document unitization
• Allows invoice routing through an image-enabled workflow.

Ascent for Payables: Process

Ascent for Payables: Process goes a step further by including advanced recognition technology that dramatically reduces the keystrokes required to enter data. You can deliver data directly into your ERP system in a fraction of the time by using business rules to automatically validate data and deliver images to the rest of your AP process.

Benefits:

• Automatically captures additional fields for indexing and payment.
• Applies rules and logic for basic validation.
• Provides multiple output streams to simultaneously populate archival/retrieval systems and image-enabled workflow

• Captures header and footer fields, including line items.
• Enables advanced validation routines for the application of business rules.
• Offers tight integration with host systems, allowing active validations and lookups, and fully automated releases directly into the ERP and host systems.