Save Money

Uncover hidden savings in accounts payable

“…duplicate invoices are stopped dead in their tracks!”
Jean Drolet – General Manager
TASK Construction Management

When you start using Beanbills online accounts payable software, you’ll see savings from going paperless immediately – and we’re not talking just a few dollars.

Aberdeen Group, a leading business research provider, found that automating accounts payable cut invoice processing costs by 50%.

If you consider that someone needs to read, input, code, match, distribute, approve, copy, file, and archive every invoice – you can see where the costs and potential for errors start to add up.

Six ways Beanbills saves you money

1. Better efficiency

Once your invoice is uploaded, every step in the accounts payable process can be done in a few clicks.

With the paper gone, time spent on processing it is eliminated. Cut overtime, avoid hiring temporary staff, and increase productivity.

2. Get early payment discounts

Beanbills improves cash flow management by making sure you’re not paying too early, or too late.

3. Increased accuracy

Manual data entry means errors including duplicate payments and late payment penalties.

Eliminate them by analyzing and organizing your data, and automatically catching mistakes.

4. Lower operating costs

According to Gartner Group, document mismanagement claims 40-60% of employees’ time.

Storing, faxing and copying documents costs time and money. With Beanbills, your records are stored securely online and can be accessed from anywhere at any time.

5. Faster approvals

With Beanbills’ automated accounts payable software, approval requests are sent automatically by e-mail using your built-in business rules. Daily reminder updates keep you in touch with what’s been done or what’s remaining.

6. Money saved upfront

Beanbills is an on-demand, web-based service that is easy to implement. Unlike other software or hardware, Beanbills allows you to pay only for what you need.

You don’t need to invest in hardware or software, we don’t lock you into a long-term contract and you won’t need to rely on your IT department for support.