General Inquiries

Accounts Payable automation

  • 1.  Accounts Payable automation

    Posted 12-03-2019 10:12
    Hello CFMA!

    We are looking at options to streamline our accounts payable process to reduce cycle time and eliminate lost invoices.  We are considering outsourcing some or all of the accounts payable to a third party and there are a lot of options but would want one that works well for construction.  I am looking for recommendations for what others are using and to what extent.  Thanks and I look forward to your comments!​​

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    Melissa Rutledge CPA, CCIFP
    Cfo
    Dallas Area Habitat for Humanity
    Dallas TX
    (214) 678-2300
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  • 2.  RE: Accounts Payable automation

    Posted 12-03-2019 11:11
    Melissa,

    Depending on your ERP there could be several options. Most ERP's have an option to capture Invoice images and data prior to routing to PM's for approval (eliminating lost invoices).  What is you ERP?

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    William Kormoski
    President, Sage 300 CRE Consultant
    Kormoski & Associates LLC
    Mount Juliet TN
    (615) 351-4953
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  • 3.  RE: Accounts Payable automation

    Posted 12-04-2019 08:19
    Hello Melissa,

    I have been looking into automating my company's AP as well.  Our goals are similar to yours but we also want to decrease the time spent manually entering invoices into our ERP and also to have all invoices saved electronically in a sort-able format.  While we have not made the final decision, I have narrowed the list down to two solutions both of which will work with our ERP (Sage 300 CRE).

    • HH2 offers a construction specific web-based software that is inexpensive and has no long-term contracts.  
    • Concur offers more customization in their program and is more like outsourcing a portion of AP as individuals will be reviewing invoices for accuracy. 
    I have talked to/had demos with five or more other providers and these are the two that we liked the best.

    Hope this helps.



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    Bryan Wates
    CFO
    Dargan Construction
    Myrtle Beach SC
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  • 4.  RE: Accounts Payable automation

    Posted 12-05-2019 11:26
    Bryan
    Thank you very much this was very helpful. We did have Concur on our list to look and will add HH2!

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    Melissa Rutledge CPA, CCIFP
    Cfo
    Dallas Area Habitat for Humanity
    Dallas TX
    (214) 678-2300
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