Business Services Industry
Optio Releases Multi-Level Accounts Payable Automation Solution with ProCentra Workflow
Business Wire, March 12, 2008
Bundled Solution Accelerates AP Processes with Automated Coding and Approval
ALPHARETTA, Ga. -- Optio([R]) Software, Inc. (OTCBB:OPTO), a leading provider of innovative solutions dedicated to helping companies automate, control and improve the entire lifecycle of document-intensive processes, today announced the availability of its multi-level AP Automation solution, which includes ProCentra Workflow.
Optio's new software and services offering increases efficiencies by automating manual Accounts Payable processes. Optio AP Automation consists of the following components:
* ProCentra(TM) Intelligent Document Capture -- securely extracts, sorts and matches scanned documents and data using optical character recognition (OCR) and advanced "fingerprint" technology
* ProCentra Content Center -- online document storage and retrieval with flexible roles-based security
* ProCentra Workflow - invoice coding & approval processing with automatic interactive form generation
* ERP Adapter for Invoice Processing - line-item matching and automatic document association with leading enterprise resource planning (ERP) applications, such as JD Edwards, Oracle, QAD and SAP
* Quick-Start Services - Fixed-fee service and implementation programs for customers who meet specific, pre-determined qualifications
ProCentra Workflow
Optio's new Workflow automation solution manages the movement of tasks from one step to the next in a document-driven transactional process. ProCentra Workflow ensures that documents are processed accurately based on specific, pre-determined business requirements as they enter a company's ERP system.
Whether for AP coding and approval, expense management or any other document-intensive process, ProCentra Workflow tracks these tasks at the point of process engagement, which provides critical visibility into the details of a given document process at every step. Managers are notified when work is scheduled for completion, which enables appropriate escalation methods for meeting deadlines. Delegation rules can also be set so that work continues while team members are away.
Optio AP Automation - Key Benefits
Optio AP Automation reduces errors and resolves processing issues by replacing time-consuming, redundant manual tasks with streamlined, automated activities. Optio's end-to-end solution delivers one consistent process for document capture, storage, retrieval, coding and approval at an affordable price. Complete with Quick-Start services, Optio's solution increases productivity, accelerates document workflow, reduces costs, enhances compliance practices, improves visibility and integrates transparently with leading ERP applications.
"Optio's AP Automation solution with ProCentra Workflow provides customers with automated best practices, which ensure that each invoice follows the best path possible for fast and accurate processing," said Steve Kaye, Optio's senior vice president of sales, services and marketing. "This latest Optio offering underscores our commitment to deliver innovative, easy-to-use solutions that streamline document-driven processes, while reducing costs every step of the way."
About Optio Software, Inc.
Optio Software, with more than 25 years of experience and 5,500 clients worldwide, provides software solutions dedicated to automating, managing and controlling the entire lifecycle of document-intensive processes, while extending the value of our customers' Enterprise Resource Planning and Hospital Information Systems. More than 5,500 organizations rely on Optio Software for innovative solutions that enable them to improve business processes, increase efficiencies and reduce transactional activities. Headquartered in Alpharetta, Ga., Optio Software maintains European, Middle Eastern and African (E.M.E.A.) headquarters in the United Kingdom and sales offices in the United States, France, Germany and the Netherlands. For more information about Optio Software, feel free to contact us at 770.576.3500 or visit our website at www.optio.com.
(c) 2008 Optio Software, Inc. All rights reserved. Optio is a registered trademark and ProCentra is a trademark of Optio Software, Inc. All other companies and products mentioned in this document are the property of their respective owners.
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