We’ve all seen it, an invoice comes in for approval, but the material is already consumed. Without the proper approvals process in place to manage spending up front, there is no way to be sure what has been committed. The result is often overspent budgets, inaccurate cost reports and even fraud.
Implementing Strong Internal Controls and Accounts Payable Security
Enter SnapAP. Since 2009 SnapAP’s paperless accounts payable system has provided users with the internal control they want and the security they need. With SnapAP, you’ll be able to implement automated electronic approval workflows, ensuring that approvals are made when they’re supposed to be made: prior to purchase. By maintaining complete audit trails, you’ll be able to do it right the first time!
Improving internal controls means that spending is controlled, budgets are managed and the possibility of fraud is eliminated. The result is valuable time and money savings, and happy, well-informed auditors.
SnapAP can be hosted by you, on your servers, behind your firewalls, so you can always rest assured that you have complete control over who has access to your information. The interface is customizable and simple, and allows you amazing flexibility to manage invoice coding, set and monitor approval limits, modify purchase order accounts and track expenses across various suppliers. The undisputed truth, clear as day! And despite its breadth of scope and control, SnapAP is remarkably easy to use.
Visit snapapaccountspayablesoftware.com and learn more about how SnapAP can provide your accounts payable department with strong internal control, saving you time, money and energy, while reducing confusion and troubling errors.