Reduce Errors with Automation
Automate the capture of core data from customer orders, POD documents, payment remittances and more. Enable notifications for missing documentation to ensure completeness of records.
Process, transmit and store data electronically to maximize efficiencies. Eliminate physical document handling and data entry.
With unlimited user access through Octacom's tailored Odiss Client Portals, your customers and employees will always be able to access data and statements when they need them.
Automatically route electronic invoices, payment remittances and POD documents thereby reducing Days Sales Outstanding.
Octacom provides full-service integration to facilitate electronic data access and transfer to clients or financial institutions through integrations to banks, payment and EDI networks, and ERPs.
Maintain data that is easily accessible to your internal and external teams in a long-term secure archive that will allow you to adhere to applicable retention and compliance requirements.
Automated data capture improves the accuracy of your accounts receivable processes. Octacom makes it easy to report, store and access documentation. No more off-site storage solutions or bulky file cabinets; just centralized and verified data you can trust. Leverage granular user and security permissions to ensure security and compliance are maintained while improving accessibility to data.
Octacom accommodates your billing and reporting cycles, manages your distribution lists and reports back on successful and unsuccessful deliveries. All of these solutions work together to reduce your overdue invoices and support your cash flow. Octacom's exception management portal allows your staff to quickly and easily communicate with clients and resolve anomalies.
Increase productivity and decrease time spent handling print documents. Accounts receivable outsourcing improves results: within 24 hours or less, your clients receive and access their invoices, statements or report information from anywhere in the world.
Import accounts receivable data using an automated seamless integration between Octacom and your existing ERP system or accounting software.
Automate delivery of digital invoices using Octacom as your invoicing platform accelerating your cash flow.
Confirm receipt of invoices through electronic delivery methods, including EDI. Maintain historical AR information in one central, secure archive.
Octacom services Subaru in a number of ways, in both Accounts Payable, Accounts Receivable and Payment Processing. In regard to Accounts Receivable Automation, Octacom processing AR invoices and hosts them within Odiss Software for over 100 dealership groups across Canada, and also provides fully outsourced EDI services and software, with robust reporting and integrations to Canadian financial institutions and the OpenText Business Network for automated transaction processing.
Octacom processing regular payment claims for medical cannabis insurance coverage. Thousands of pages of payments claims go through Octacom’s advanced automated capture technology monthly, with more than 25 fields captured per record. These payment claims and summaries are logged in Odiss for long-term access. From the data in Odiss, Aurora can run its AR reconciliation process in SageX3, saving countless hours of data entry and reconciliation.
Octacom processes monthly billing and accounts receivable statements from over 450 practice management systems across Canada, using advanced automated capture technology to extract and validate relevant data in order to facilitate payment reconciliation with 1/10th of the time spend.
Octacom processes over 4,000,000 bill of ladings and proof of delivery documents, both digitally and through our scanning centers, annually. These documents go through an advanced data capture process to extract critical business information, and enter a rich archive in Odiss, which is integrated into Lafarge Holcim’s SAP and Customer Portal. Odiss is accessed by thousands of internal users and customers. Lafarge Holcim has experienced reduced days sales outstanding through this enhancement to the order-to-cash experience.
Cloud-based document and data management software: a centralized portal and long-term archive.