Imaging and Workflow Solutions | AP Outsourcing
ASPEN 360 is a comprehensive Software-as-a-Service solution that is leading the on-demand document management revolution. The various editions can integrate everything from document receipt, document imaging and data capture, Web-based image hosting, and workflow management services for a complete services-based solution.
Accounts Payable Product Editions
ASPEN 360 Accounts Payable Edition
ASPEN 360 Accounts Payable Edition is a subscription–based service that automates the back office process using AP imaging and workflow. It enables you to outsource your AP processes while remaining in complete control of the solution. ASPEN 360 Accounts Payable Edition incorporates best practices AP automation with the invoice virtualization center for a complete, ZeroTouch solution. ASPEN 360 increases efficiencies and reduces costs with features such as straight through processing, which uses automated three-way matching to auto match invoices to PO and receipt line items without AP processor intervention.
ASPEN 360 AP-Straight Through Edition
ASPEN 360 AP-Straight Through Edition (AP-STE) matches invoices automatically and passes the data directly
to your ERP system without AP processor intervention. Invoice details are matched to line item PO and Receipt
data details. AP-STE auto matches the invoice, then completes the transaction using Straight Through
Processing when exact matches, or matches within predefined tolerances, are met. This significantly reduces
the number of invoices AP processors need to work and enables AP departments to handle increasing volumes
without adding people.
ASPEN 360 AP-Smart Routing Edition
ASPEN 360 AP-SmartRouting Edition (AP-SRE) enables you to incorporate your own customized business routing rules to streamline the AP process, increase efficiencies, and improve productivity. It integrates
AP best practices with your customized business rules to automatically route the invoice to the requestor for approval and coding. The invoice routing then follows your delegation of authority rules so there's no need for an approver to determine where the invoice needs to be routed to next.
ASPEN 360 AP-Select Approver Edition
ASPEN 360 AP-Select Approver Edition provides you with a complete workflow solution that incorporates AP best practices to electronically route invoices for approval. It enables you to take advantage of workflow technology typically found in solutions used by Fortune 500 companies, but at a fraction of the cost. The solution provides an online view of invoices throughout
the review, approval and payment process. After final approval and review by Accounts Payable, AP-SAE feeds the data into the company’s ERP or AP system.
ASPEN 360 AP-Virtual File Edition
ASPEN 360 AP-Virtual File Edition provides Web-based virtual filing and access to invoices, expense reports, and journal entries. This on-demand solution can be implemented in minutes, taking AP documents out of the filing cabinets of the back office and making them instantly available from any authorized desktop. It combines virtual filing, virtual access, and
comprehensive administration capabilities for a complete AP imaging solution.
Document Management Product Editions
ASPEN 360 Virtual File Room Edition
ASPEN 360 Virtual File Room Edition enables you to instantly retrieve your documents from anywhere in the world using only a Web browser. This on-demand service requires no hardware or software to manage so you can dedicate resources to strategic business initiatives.
