ECM Solutions for Purchase Card Processing
Using purchase cards (p-cards) provides your organization with a number of benefits, such as increased cost controls and streamlined ordering and payment. While simplified, p-card processing still requires a documentation trail that can impede even the most effective approach.
By easily capturing and managing receipts, packing slips and other documents associated with p-card transactions, you can provide instant access to information that supports reconciliation, reporting and other procedures. ImageNow also offers advanced automation and data collection options that dramatically accelerate steps like assigning GL codes.
Using ImageNow for purchase card processing, you can:
- Link transaction documentation with p-card records to speed postpayment processes
- Reduce improper card use by distributing policies automatically to applicable staff
- Collect and safeguard all card-related documentation in the secure ImageNow repository
- Direct documents automatically through settlement workflow, from review to general ledger
- Ease reporting, reconciliation and audit preparation by rapidly collating p-card documentation
