Efficiently process Accounts Payable documents and data using FileBound’s integration with Procore Financials
FileBound is an authorised Procore Solution Partner and delivers document and workflow automation applications that improve the operation of any organisation by connecting users with the information they need to work more efficiently and effectively.
Procore customers can use FileBound in a number of ways, including:
- ‘Scan to Procore’: Our Procore Invoice Capture Solution includes automatic data extraction of claim data from a monitored cloud mailbox (significantly reducing data entry) which is then used to create a claim record within Procore for the project team to action.
- AP Automation & Approval: Route creditor claims through a custom approval process and have the approved claim data uploaded directly into Procore via the Procore API.
- Other use cases: Online Forms and workflows can also be utilised to manage payment scheduling and payment disputes.
Watch a quick demonstration video of our Procore Invoice Capture Solution below.
Whether part of a broad ranging information management initiative or a localised project-based one, FileBound helps AP departments of all shapes and sizes redefine their AP process efficiency:
Claims Approvals – Ensure that Claims are paid on time with less effort. No more time spent passing paper around, matching Claims to POs or other documentation.
Mobile – Secure Access enables flexibility for any Manager or selected business reviewer / approver to access Claims that are routed to them via their mobile device. FileBound delivers this user experience efficiently via all mobile browsers.
Increased visibility to make the right decisions to achieve project deadlines. Advanced analytics expose data about transaction volumes, financial liabilities and supplier interactions to identify areas for improvement.
Eliminate missing and duplicate claims that lead to missed, late or duplicate payments. The result: happier suppliers, happier team members and fewer service calls.
Cut costs and delays associated with managing paper and electronic claims. Claims enter the FileBound solution quickly, are routed automatically, are accessible from anywhere, thus reducing the amount of labour needed to complete AP processing. Costs for moving, filing, securing and storing paper documents are also eliminated.
Free up valuable physical space by storing documents electronically.
Finance System Integration to complete the transaction. Once claims and invoices are approved in Procore the data can be integrated into your finance system.
Procore is a leading provider of cloud-based applications for construction. Procore connects people, applications, and devices through a unified platform to help construction professionals manage risk and build quality projects—safely, on time, and within budget. Procore has a diversified business model with products for Project Management, Construction Financials, Quality & Safety, and Field Productivity. Headquartered in Carpinteria, California, with offices around the globe, Procore is used to manage billions of dollars in annual construction volume. Learn More