To process more than 30,000 invoices each month, the Johns Hopkins accounts payable shared services team needed a solution that would enable it to autopost as many invoices as possible for two very different organizations: the university and its medical centers. Learn how the team was able to quickly deploy a solution that worked seamlessly with the institution’s chosen invoice scanning provider and health care exchange to improve the speed, accuracy, and transparency of invoice processing, enabling it to autopost thousands of invoices each month and develop a strategy to reduce the large number of duplicate invoices the institution received.
Key Business Benefits:
- Maximized efficiency of outsourced scanning service providers by identifying other information required to expedite processing
- Quickly identified and reduced duplicate invoices received from suppliers on health care exchange
- Autoposting enabled team to increase invoice volume without additional headcount
