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CTP Solutions outsourced A/P solutions helps you reduce costs while increasing visibility and control of the entire A/P process. This is accomplished without the time and expense of acquiring, deploying and managing additional technology or resources. With the flexibility to address individual customer business rules and integrating with all leading ERP and accounting systems, the CTP Accounts Payable solution will:
- Reduce the cost to process accounts payable invoices by 50% or more with no capital investment
- Provide immediate access to invoices through digitization, diminishing the internal and external audit costs through quick access to current and historical documents
- Enable your organization to centralize its accounts payable function
Solution / Benefits
By utilizing CTP's Image Capture & Workflow solution for the coding, routing and approval of both PO and Non-PO invoices, our clients benefit:
- No up-front capital expenditure
- Improved cash flow
- Dramatically improved control
- Improved productivity of all associates through increased reporting
options and visibility
- 98% reduction of paper
- Minimal impact to the client’s suppliers
Accounts Payable Processing Explained

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