Accounts payable automation (APA) is a way to improve the purchase-to-pay processes.
Overland Park is using a new invoice automation digital process. Invoices are either scanned or received electronically.
Benefits from improving the purchase-to-pay processes include:
• Efficiency - An efficient purchase-to-pay process means timely invoice approvals and payments, resulting in satisfied vendors.
• Cost savings - Savings opportunities, lower administrative expenses, and reduction in printing and mailing costs.
• Transparency and visibility - The City can gain real-time knowledge and visibility into the "spend" side of the City to identify all invoices even before the approval process has completed.
The City selected U.S. Bank to partner on this project. For more information contact Dave Scott, chief financial officer, at 913-895-6154.