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Medius Accounts Payable Automation and Pay for NetSuite

DocLink for NetSuite

Status: Unverified

DocLink for NetSuite enhances and automates the AP process by integrating NetSuite with DocLink, an automation and document workflow solution that streamlines the flow of information throughout the organization. DocLink for NetSuite facilitates the approval and creation of AP transactions within NetSuite and links documents to the records in NetSuite.

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Description

DocLink AP Automation for NetSuite

Seamlessly integrated with NetSuite, Altec delivers DocLink, a powerful enterprise content platform and process automation solution that digitizes data and streamlines information flow in ANY department. By going paperless and eliminating manual processes, NetSuite businesses can manage their data more efficiently for improved visibility and control of their entire document lifecycle. Ultimately, DocLink helps NetSuite businesses spend less time managing their data, resulting in significant time and cost savings.

Key Benefits

Eliminate Manual Processes: With DocLink you can digitize your documents and data and automate manual tasks such as data entry, and document routing & approval. For example, DocLink users reduce their AP processing times on average from 50-75%.

Accelerate Approval Cycles: DocLink’s automated document routing and approval workflows can significantly accelerate approval cycles (from weeks/days to hours/minutes), ensuring timely decision-making and faster completion of business processes.

Improve Access, Visibility & Control: With everything stored in the digital repository and related documents indexed and linked, DocLink provides users with faster data access and control, enabling organizations to make informed decisions and drive better outcomes.

No More Missed Deadlines: Automated task reminders and notification alerts eliminate the possibility of missed deadlines, ensuring timely completion of critical tasks and compliance with regulations.

Reduce Human Errors: By automating manual processes and reducing manual data entry, DocLink significantly reduces the likelihood of human errors, improving data accuracy, and minimizing the associated costs of rework and correction.

Not Just an AP Point Solution: DocLink’s capabilities don’t just stop with AP, you can automate processes in AR, sales order processing, HR, legal/contracts, and more.

Pays for Itself: A typical DocLink user achieves ROI on average within 9 months by:

  • Eliminating annual storage costs, printer/copier costs, courier costs, etc.
  • Growth without adding headcount
  • Significant time savings – have time for more valuable, strategic initiatives
  • Eliminating late payments
  • Saving with early pay discounts
  • Quicker audit prep and completion

ROI: 3-9 Months on Average

Why should you automate AP? It’s simple: time and money savings. Most DocLink customers experience ROI within 3-9 months! How? DocLink can:

  1. Increase efficiency – save time by reducing manual tasks, i.e. faster processing times
  2. Improve accuracy – minimize errors to avoid late payments, overpayments
  3. Increase visibility – better cash flow management with real-time status of invoices & payments
FEATURES

1. Powerful Storage, Search & Retrieval

DocLink's secure digital data repository enables anyone to capture, create, process, access, and approve documents and data from anywhere.

2. Digital, Automated Enterprise Processing

From AP invoices, expense reports, and purchase requisitions to HR onboarding documents, DocLink can automate any process, in any department.

3. Automated 2- & 3-way Matching

Our AI-driven intelligent OCR learns your documents for you – no templates are required for matching.

4. Configurable Workflow Capabilities

Create workflows with automation rules for document routing, approvals, and notifications to reduce manual data entry and increase accuracy.

5. Smart Forms

Digitally create and automate ANY form for employees – from expense reports and check requests in AP, to onboarding forms in HR – that automatically populate into NetSuite for processing.