The real business value of 'Paperless ERP'
by Nick Sprau on March 20, 2011 12:04 PM - 0 comments
We write a great deal about the benefits of paperless AP automation and its ability to transform a business, but a lot of businesses don't know how gains in efficiency and visibility can be quantified.
Our customers rightly ask what returns they can expect for their AP automation technology investments - especially when those investments are integrated with ERP solutions like Microsoft Dynamics. As our partner channel manager Steve Gregory recently shared with MSDynamicsWorld, consider the following:
- Metafile has found the average AP worker consumes 10,000 sheets of paper per year at an average copying and printing cost of between 2-5 cents per page, or between $200-$500 per year.
- A combined AP/Microsoft Dynamics "paperless ERP" solution mitigates those costs. Costs associated with misfiled documents - averaging between 2-7% in most organizations at a cost of $120 per page - can also be eliminated.
- Metafile's customers report that their average per-invoice processing times are reduced from 29.8 days using paper to just 4.8 days using an integrated paperless AP/Microsoft Dynamics solution.
By integrating AP automation technology with Microsoft Dynamics, invoices and supporting documentation can be accessed with just one click, ensuring accuracy and accelerating productivity gains - quantifiably - across the organization.
