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Online Invoice Approvals

An exciting and innovative development in the document management industry is the use of the Web to store and share documents securely. Accounts Payable departments can particularly benefit from this by using Driftwood’s Online Invoice Approvals service.

We make it very simple: we collect your invoices, scan, index and host online. We route each invoice to its pre-registered approver who receives an email to tell them they have unapproved invoices to look at. They log on, view and approve (or reject/forward/comment/part-approve). Finally, at any point the system administrator can download the latest approvals data and import it into their accounts system.

Our Online Invoice Approvals customers benefit from huge savings in accounts administration. Driftwood has helped its AP customers reduce costs by as much as 90% as compared with manual processing alternatives. 

Prompt payment incentives are now offered by many suppliers and these become a real possibility with faster invoice processing. The images are held on the system for as long as required we can shred the hardcopy if requested.