Save Time and Money With an EDI Integration

We use Fintech’s PaymentSource to automate invoice data entry from 43 vendors. Fintech receives the invoices, standardizes the data, and sends all the data to our back-office system through an integration in one daily file. Today that’s data from 7,500 invoices monthly received without manual entry mistakes. Once we add a few more vendors it will be close to 9,000 invoices monthly. This automation saves our Pricebook Management and Internal Auditing teams 10-15 hours every week in each department, not to mention the hours saved for our AP team.

Managing multiple locations across the country can be challenging, especially when having to wait for each invoice to be manually entered by our managers. PaymentSource® speeds up this process by allowing our managers to simply scan and upload the invoices into one portal for review and payment approval. All invoice data is transmitted into Compeat, automating our inventory management, and saving hours on invoice data entry.