Bedrock's automated AP recovery solutions offer a game-changing approach that transforms the way finance and AP professionals manage payment discrepancies. Through real-time identification and tracking issues such as duplicate or erroneous payments, our solutions improve the accuracy and efficiency of your finance team.
Industry Average with Virtual Card Conversion
Time Saved on AP Supplier Management
Million Recovered for Every $1 Billion in Supplier Spend
Cash flow discrepancies can be a major headache for finance and accounting teams. Our AP recovery solutions help streamline this process by providing the necessary systems to identify and resolve these problems efficiently.
Faced with limited resources handling hundreds or thousands of monthly transactions?
Manual Finance Processes
Still utilizing outdated processes for checks and payments?
Losing money to duplicate or erroneous payments?
Manual and paper check invoicing significantly delays the collections process, withholding funds needed for operations.
Automate invoice data capture, routing, and accounts payable approval solutions to reduce errors and expedite processes from the start, with our all-in-one platform. Increase revenue with analytics and reporting tools that monitor and manage spending, identify cost-saving opportunities, and handle payment digitization conversion.
Without proper systems in place, you put your business at risk of initiating duplicate payments that can severely impact your bottom line and working capital.
Automated duplicate invoice technology prevents payments at the point of issuance with a streamlined three-way matching system that compares the invoice, purchase order, and receiving documents to reduce the risk of duplicate payments.
Incomplete or outdated systems can limit visibility for supplier information and make it difficult to track your cash flows.
Deploy an AP recovery management system that provides real-time visibility into invoice status, payment history, and supplier information. Electronic tracking systems increase visibility, digitize, and streamline the payment process to ensure timely and accurate reporting.
Humans aren’t perfect, so when data inputs solely rely on manual inputs, you put your business at higher risk of inaccurate and incomplete information.
AP as a Service eliminates the need for infrastructure maintenance, operating system updates, and hosting of applications. By leveraging cloud-based technology, finance teams can access data quickly and cost-effectively no matter their size or location.
Ensuring all suppliers are in compliance with standard operating procedures can be tedious and exhaust significant resources to counteract accidental errors.
An accounts payable solution that seamlessly integrates with your company’s financial systems to ensure compliance by enforcing payment policies and procedures. Once integrated, you can relax as we fully manage and run all payment campaigns on your behalf.
You need a partner willing to handle the integrations and make the phone calls in addition to providing a powerful platform and automation tools.Explore our services