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Scan Invoices
Bulk scanned paper invoices are instantly converted to electronic payables. Scanning may be done by your organization or effectively outsourced to Yardi's full-service PAYscan team.
Review Online
Scanned invoices are automatically routed through the approval workflow as electronic payables. Approval personnel receive email alerts, then log in to their review dashboard to code and approve each invoice. The dashboard facilitates easy drill-down to transaction data.
Store Images
Scanned invoice images are stored in the Voyager database and readily accessible for future review – no photocopies, no file cabinets.
Lower Costs
PAYscan frees up office resources, significantly lowers invoice processing costs, and reduces labor and errors by eliminating redundant data entry.
Centralize Oversight
With a single, centralized, electronic A/P system, you gain portfolio-wide oversight of operational spend, which facilitates standardization of processes and executive decision-making.
Improve Cash Management
Approved invoices are paid via EFT or check. Because invoice processing is accelerated through automation, PAYscan enables you to avoid late fees and take advantage of early-pay discounts. |