Accounts Payable (A/P) Automation has been a frequent topic of discussion with Macola® users. After months of research, we found four options:
Option 1: Use ACH for paying vendors.
ACH eliminates printing and mailing checks and is already built into the Macola® ES and 10 software. For Macola® Progression users, we offer a $3,000 ACH utility.
Option 2: Import vendor invoices into Macola® using our Accounts Payable Invoice Import utility.
This $4,000 utility has limitations, as it does not read PDF files.
Option 3: Use specialized software that converts PDF vendor invoice files into text files.
This typically requires a $25,000 setup fee, a monthly per-transaction fee, and our utility that imports these files into Macola®.
Option 4: Comprehensive software that automates the entire process.
This includes converting vendor PDF files and electronic approvals. This software typically costs $40,000 or more, plus a monthly per-transaction fee, plus our utility that imports these files into Macola®.
We Want Your Feedback!
How can we help you streamline your Accounts Payable operation? If you are interested in exploring any of these A/P Automation options, please contact us to share your thoughts.
