Are you still using an outdated system to file your monthly invoices and track down payments? This wastes valuable time and resources that could be better spent elsewhere. That’s why many transportation and logistics companies have switched to using document workflow management software.
At Microdea, we’re experts in helping your business streamline processes and boost your bottom line, so let’s take a look at a few of the advantages of implementing the right document management solutions.
One of the biggest advantages of implementing document management software is that your company can go completely paperless. No more running back and forth with files from one department to the next or searching through yearly reports for that misplaced document. All of that data will be digitized and contained in one place, providing easy access to you and all of your staff members. This can be especially useful if your company has multiple locations and facilities.
Streamlined Processes & Added Oversight
By implementing document workflow software, you’ll be able to improve processes and automate a variety of workflows from end to end, while also reducing accounting and filing errors. It will also help you better organize accounts payable approvals, leading to fewer late fees and increased efficiency among administrative staff.
Increased Financial Control
Are you worried about your spending? Perhaps you’re trying to expand your fleet or brokerage division but need to get a better handle on your financial position first. Well, with document workflow management solutions, you’ll have a finger on the pulse of your company’s finances at all times. In accounts payable in particular, you’ll be able to easily set spending limits and increase oversight to control corporate spending.
Improved Cash Flow Management
Cash flow management is a perennial issue in the transportation and logistics industry. But implementing the right document workflow system can help you improve cash flow and give your company more flexibility. By increases billing efficiency, you’ll be able to invoice customers the same day loads get delivered, giving you more cash in hand when you need it most.
Let Microdea be your document workflow management expert!
Want to improve processes and save money? Contact us today to learn more about how our software solutions can solve your most pressing workflow challenges.
Founded in 1995 and headquartered in Markham, Ontario, Microdea is a fast growing document management and automation software company serving hundreds of customers in the transportation and logistics industry, including truckload and LTL carriers, private fleets, brokers and 3PLs.