FOR IMMEDIATE RELEASE:
Report on the Role of Technology in Assuring Sarbanes-Oxley Compliance for Accounts Payable Processing
Fairfield, NJ (March 17, 2006) - Archive Systems, the premier provider of Document Process Outsourcing (DPO) services, today announced it is profiled in PayStream Advisors research report Imaging and Workflow Automation (IWA): Moving toward a Paperless Organization.
The report is written for corporate decision makers who want to learn about opportunities in imaging and workflow and are interested in evaluating service providers for their accounts payable and purchasing departments. In addition to providing an introduction to IWA, the report provides detailed information about Archive Systems’ ASPEN 360TM Accounts Payable Edition, a Software-as-a-Service solution and how it compares to in-house systems.
“Archive Systems is a great choice for accounts payable organizations that want a turn-key solution that delivers substantial cost reductions without requiring large-scale investments in technology and expertise. Its services are ideal for high-volume accounts payable operations as well as decentralized organizations where the opportunity to eliminate paper and process redundancies is likely to be attractive. Organizations in each of these situations will find Archive Systems’ services appealing as a means to drive significant, quantifiable improvements while limiting risk and capping up-front costs,” according to Sush Koka, Senior Research Analyst at PayStream Advisors, Inc.
“Whether companies are looking to improve their invoice approval process or enhance their compliance initiatives, ASPEN 360 offers a different approach,” stated Rick Kushel, President & CEO of Archive Systems. “Unlike in-house document management systems, ASPEN 360 requires no software, no hardware and no infrastructure so companies can focus on their business, not paper.”
Please visit Archive Systems at http://archivesystems.com/aboutus/contactus.asp if you have any questions about the report or would like to learn how to obtain a copy.
About PayStream Advisors, Inc.
PayStream Advisors is a technology research and consulting firm that improves the way companies plan, evaluate, and select emerging technologies to achieve their business objectives. Our services are designed to minimize risk and maximize the value associated with technology investments. PayStream Advisors assists clients in sorting through the growing complexities of IT applications related to financial automation with the goal of making objective, analytical, and actionable recommendations. For more information, call (888) 436-4335 or visit www.paystreamadvisors.com.
About Archive Systems, Inc.
Archive Systems, Inc. flagship solution, ASPEN 360 Accounts Payable Edition, combines best practices AP Automation with ZeroTouch AP imaging and workflow. The product 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. It includes the ASPEN 360 Invoice Virtualization Center, which removes from the client all tasks associated with document imaging, data capture, document classification, indexing, and OCR. The company also provides physical records management services such as business records storage, document shredding, and offsite data storage, through a number of Record Center locations. For more information, please visit www.archivesystems.com.
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