Agencies buy a huge range of products and services. They manage media distribution deals of dizzying complexity. Validating that services and products have been delivered, that the correct costs have been charged, and that charges go back to clients – accounts payable workflow is an immense task. And it is only getting harder as digital media advertising options grow.
The IPS AP Automation Solution for Media & Advertising Payables provides the world’s leading advertising agencies with digital advertising invoice processing solutions that slash turnaround time, reduce workload, decrease errors and increase the percentage of billable charges that actually wind up on client invoices. Our invoice automation and accounts payable workflow solutions integrate with MediaOcean, Strata, CoreMedia and many other advertising platforms.
We don’t ask you to buy big data systems or sweat over software implementations. Instead, our invoice automation solutions integrate cleanly into your existing systems while making them more efficient and effective. And that lets your staff do their real jobs: making sure vendors get paid and clients get charged accurately and on time.
IPS customers benefit from massive productivity gains thanks to our electronic invoice processing system and become free to focus on commercial activities, client management and cost management.
The IPS AP Automation Solution also makes it easier for suppliers to do business with you. An online self-service portal enables suppliers to effortlessly submit invoices, tax forms and other payables documents, update contact information, add or revise invoice data, review invoice status and history and more. IPS also enables suppliers to instantly convert (or "flip") POs into electronic invoices for submission.
"IPS has developed the AP Automation Solution to automate and streamline accounts payable and receivable processes. We have designed the technology to have significant impact on our customer's daily financial operations; clients are seeing productivity boosts resulting in average cost reductions of 50% or more within the 1st 90 days after implementation. Additionally, our client's employee morale and vendor relationships have greatly improved" states Greg Bartels, President & CEO of IPS.
Learn more about the IPS AP Automation Solution