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A&E Television Networks AP Automation Snapshot

Snapshot
"We looked at all the features and selected ASPEN 360 Accounts Payable Edition because it stood out from the pack. ASPEN 360 provides us with superior functionality to make the accounts payable process more efficient. In addition, the solution includes top-level support and redundancy capabilities that made this an easy decision."

Director of Accounts Payable, AETN

  Challenges   Solution   Benefits
  Needed to streamline the accounts payable processes.
  Company was dealing with a paper-based and labor-intensive process to approve invoices.
  Wanted to find a way to take the paper out of the accounts payable process.
  Selected ASPEN 360 Accounts Payable Edition because of its superior functionality to make the accounts payable process more efficient
  ASPEN 360's SmartRouting streamlines the movement of the invoices through the approval process, knowing where they need to go next.
  Vendors now submit invoices directly to ASPEN 360’s Invoice Virtualization Center (IVC) where Archive Systems receives and converts them to electronic format.
  Because ASPEN 360 is a Software-as-a-Service solution, AETN didn’t have to purchase, install, or maintain additional software or hardware.
  Lost invoices plus the yearly storage of previous year payments and fees are now in the past.
  The big payback comes from being able to process more invoices with less resources.


 
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