TechTrek Business Process Management (BPM)
TechTrek BPM Services bring improved business processes direct to the desktop without
the need for any IT capital investment. Our service subscribers have 'Best Practice'
work items delivered to them, and while they enjoy improved working conditions the
firm usually enjoys considerable cost savings. TechTrek BPO Services are being delivered
for accounts departments, case workers, and in HR.
Electronic Billing
e-billing provides immediate costs savings – no envelopes or postage. It also improves
the process of delivering documents. Making invoices freely available tends to help
resolve discrepancies quickly. So it costs you less and you tend to get paid sooner.
Undoubtedly we are in tough and challenging economic times. The global credit crunch
has filtered down to all sizes of business across most industry sectors. Against
this backdrop, it has become critical for businesses to focus on overheads and eliminate
unnecessary expenditure. However, cutting corners and compromising on service levels
has to be avoided. Your customers want more and they want to pay less. By using
TechTrek, companies will be able to save substantial sums of money and also offer
your customers an improved service.
TechTrek can help you to get your documents deliveries transferred to electronic
means quickly so you can remove the cost of the postage. Setting up TechTrek e-billing
has a very low capital cost and is quick to do - it can be completed in as little
as two weeks. Immediately you start using TechTrek services you are saving money,
so ROI turnaround is fast Each document delivered electronically saves you money
and the low capital outlay can be recouped in weeks if not days.
All documents processed by TechTrek are stored online in DocHarbor – a massively
scalable document repository built for today's web enabled enterprise. Each online
archive is specific to each of our clients and can be fully branded with your corporate
livery. The archive can be accessed by staff and customers 24/7 and is particularly
useful way for customers to self-serve themselves to 'their' documents. A prompt
for payment can be added and the transactional details will be passed in a secure
data packet to your payment channel of choice which is ideal for credit and debit
card payments. Credit control staff have the ability to instantly see all paid transactions
and more importantly view and chase none paid invoices.
To see how the process works click here
Accounts Payables
TechTrek Accounts Payables service is a hosted invoice processing service targeted
to accounts payable (A/P) professionals who desire a reliable and cost-effective
method of automating invoice processing, streamlining operations, expediting payments,
and improving financial information quality.
The services include an outsource invoice receipt services and transforms incoming
paper invoices into digital images from which invoice data is automatically extracted,
validated, delivered into the automated A/P workflow for approval and payment, made
available for easy access online and, ultimately, archived for long-term storage
and retrieval.
TechTrek has perfect combination of assets to offer services and hosted solutions
such as the Accounts Payables Invoice processing service. The service leverages
TechTrek's robust docHarbor® business platform, including high-volume document capture,
scalable online document repository and flexible business process management (BPM)
software-as-a-service (SaaS).
To see how the process works click here
Some frequently asked questions
Why would in-house cost of processing an invoice be that high?
Why should customers not implement their own solutions?
The invoice processing cost extends beyond simply headcounts in the A/P department.
TechTrek Invoice processing saves you actual £ in these areas:
Staff cost: Mail Handling, Scanning, Manual Data Entry, multi-step manual approval
process
Implementing and operating a solution through IT department to scan, process & store
invoices over multiple years requires significant upfront investment and ongoing
operating costs.
Outsourcing non-core activities such as Invoice Processing will allow you to focus
on the core aspects of your business.
In summary, key features of TechTrek Accounts Payables Invoice processing service
World-Class Document Capture and Management expertise:
- State-of-the Art Capture Technology
- The world's largest online document repository platform
- Perfected by highly trained and experienced professionals
This means your documents and data are accurately captured and hosted with high
security and availability.
Robust BPM Suites with a track record of delivering ROI as high as 300%
- The top-down, most comprehensive and feature-rich BPM platform
- Has been designed to manage large scale extended enterprise processes
- Is multi-platform, multilingual and middleware agnostic
- This means quick automation and deployment and that is scalable, fully recoverable
and high performance, and Interoperate with DBMS, ERP, Application Servers, EAI
systems and point solutions which are bought and built overtime, allowing these
enterprises to leverage their IT investments
Pay-as-you-go Pricing means
no Server-based licensing fees or up-front capital expenditure.
How does TechTrek Invoice processing differ from traditional solutions?
Our solution goes beyond just capture and imaging and combines it with the state
of the art Business Process Management technology offered as Software-as-a-Service
(SaaS) to setup and manage your approval and processing workflow.
It combines the outsourcing and hosted solution to efficiently deploy business solution
without any up front capital investment for software, hardware, or any other service
for a standard application
All information is accessed through web browser and intuitive user interface
Software-as a Service (SaaS) and an outsourced mail receipt and capture speed up
time-to-value and eliminate the needs for:
Upfront Investment
Operational costs
IT headaches
How is it priced?
Simple per invoice pricing model that includes all services with the necessary hardware,
software, and IT infrastructure needed to perform:
- Mail receipt
- Invoice prep for scanning
- Scanning
- Automated data extraction
- Approval Workflow
- Long term storage for archival
- Professional Services setup fees
- Returning of paper based invoices on a monthly basis
- Pricing can be established based on your specific needs and volumes
- Pricing does not involve any investment on your part for a standard invoice processing
solution
- In addition to above services, we have many customized services with appropriate
pricing to meet your specific needs
How would customers invoices get to TechTrek?
Each standard Invoice processing service solution comes with a dedicated P.O. Box
per project/ customer. Each customer will simply forward all invoices included in
the project to this P.O. Box. If requested, an additional mailboxes could be provided
(extra fees apply).
What if the vendor/supplier sends electronic invoices?
Invoice processing service can also be configured to import and extract information
from electronic invoices in different formats (email, fax, html, EDI). Some formats
that require special integration may require additional fees
How scalable is Invoice processing service?
Built on one of the world's largest online document repository platform, TechTrek
always make adjustments to ensure that customers are always getting top-quality
performances. As a result, TechTrek Invoice processing service will always have
scalability and capacity to take on additional user and data requirements as your
company grows.
