Jan 28, 2013 (Menafn - M2 PRESSWIRE via COMTEX) --The average cost to process a single invoice manually is 24, according to IOMA in 2011. This expense combined with the time involved with a manual accounts payable process prompted TLC Vision to engage Xerox DocuShare to automate its accounts payable workflow.
DocuShare, Xerox's enterprise content management platform, helped address challenges presented by TLC's paper-based accounts payable process, including the delay caused by each of the 62 offices across North America sending invoices through the postal system to a central corporate office for review and payment. Employees at each of the offices now scan invoices, and through the new automated workflow in DocuShare, the digitized documents are routed to shared and secure folders for approval.
"DocuShare is a Web-based environment -- ideal for enabling our mobile and remote workforce to stay connected," said Delano Ligu, director, Technical Services, TLC Vision. "It saves people time, makes them more efficient in their work and reduces errors that can be caused by a manual process."
The automated accounts payable process has substantially reduced late payments as the speed of invoice processing and staff efficiency improve. Once scanned, the status of an invoice can be easily tracked, increasing the accuracy and integrity of TLC's financial operations.
Following the success of the automated accounts payable work flow, almost every department in TLC adopted DocuShare as the main file repository.
About Xerox DocuShare
Xerox DocuShare is an enterprise content management application developed by Xerox. DocuShare delivers capabilities for document management, process automation and paper-to-digital solutions, and enhances cost savings and productivity gains for Xerox managed print services customers. Learn more at http://docushare.xerox.com/ .
Learn more about Xerox Enterprise Content Management at http://www.xerox.com/ecm .
About Xerox
With sales approaching 23 billion, Xerox XRX is the world's leading enterprise for business process and document management . Its technology, expertise and services enable workplaces -- from small businesses to large global enterprises -- to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business . Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services , including data processing, healthcare solutions , HR benefits management , finance support , transportation solutions , and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology , services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com , http://news.xerox.com or http://www.realbusiness.com . For investor information, visit http://www.xerox.com/investor .
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