Leaders in accounts payable and electronic invoice managed services
Easyap combines accounting and technology expertise to streamline invoice processing with integrated accounts payable and electronic invoicing.
Their systems reduce costs, strengthen internal controls, and transform processes into efficient, scalable, and sustainable models in the long term.
Cost Savings
Invoice processing costs are always higher than they appear at first glance. The majority of people tend to accept as costs only those that are clearly visible, such as the labor costs of the department directly responsible for invoice issuance and invoice receipt.
The non-visible costs are a significant part of the total costs for the accounts payable and invoice issuance process and should be studied in-depth when looking for alternatives to improve our process.
| Hidden Costs | Visible Costs | |
|---|---|---|
| Salaries of AP Personnel | ||
| Direct sub-contracting | ||
| Rental | ||
| Systems | ||
| Communications | ||
| Directors salaries | ||
| Defects, duplicated tasks etc. | ||
| Bad image | ||
| Costs due to low quality | ||
| Staff demotivation | ||
| Loss of Discounts/Rebates | ||
| Duplicate Payments | ||
| Penalties for delay in Payment | ||
| Time dedicated to complaints |