HOSTED APPLICATION

Hosted Application is a remote Internet automation system that replaces the in-house I/P infrastructure. It uses data created by the clients A/P accounting system to create document images of the purchase order (P.O.), and receiving reports. When combined with the purchase contracts and invoice, it enforces contract compliance and provides pre-audit to insure the accuracy of vendor payments. All document images and data is entered automatically and is available to any authorized person.

The Hosted Application is economical, and easy to use. The average monthly base cost can be justified quickly, and eliminates any large output of funds, eliminating any budgetary restrictions. Optionally, provide Post-audit review to assure no inadvertent errors are in the system.

Advantages of the Hosted Application:
• Insure contract compliance and reduce the risk of cash loss
• Strengthen and support the current accounts payable system.
• Reduce and in some cases, eliminate manual document entry.
• Provide both A/P and general purpose document scanning with OCR technology.
• Provide the ability to access all documents from local and remote sites with proper authorization.
• Provide the COSO framework for accounts payable demanded by Sarbanes-Oxley
• Allow the A/P department to control all aspects of processing
• Allow the user to maintain control over processing by scanning the invoice in-house, then allowing Hosted Application to complete the pre-audit.

Hosting

Payable Systems offers you Hosting Service for these software products.

Image Secure Document Management System

A/P Secure Pre-Audit Processing System

Specialized Document and Forms Processing

·         Human Resource Document Management

·         School District Folder Management