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BlumShapiro Reduces Accounts Payable Processing Time by 40% with Docassist

Forth Lauderdale , June 04, 2015 (GLOBE NEWSWIRE) -- BlumShapiro is the largest regional business advisory firm based in New England providing accounting, tax and business consulting services. The firm grew through numerous acquisitions, which brought an increase in the volume of accounts payable invoices. The firm manually processed invoices from all its different offices in its Corporate Office. This took substantial time. Reviewers processed paper documents. The finance team wasted time looking for lost or misplaced invoices.

The BlumShapiro Finance team first saw Docassist at the 2013 Intacct Advantage Conference. “I was impressed with Docassist’s tight integration with Intacct and how our manual workflow could be automated, streamlined, and made more efficient,” said Martine Rheaume, Assistant Controller at BlumShapiro. “Not only would Docassist provide more structured processes, but it would also enhance our monthly analysis process.”

Docassist has eliminated much of the time involved in the AP process. BlumShapiro now has vendors emailing invoices into Docassist. The invoices go directly and automatically into the correct workflow. No time is spent looking for lost invoices. Invoices are reviewed and approved through Docassist’s rules-based workflows, routed to the correct approvers and then pushed to Intacct. Docassist sends email notifications at every stage of the process and creates an audit trail of all actions taken. “An invoice can be reviewed directly from general ledger detail, which is a tremendous help during our month-end expense review process,” according to Martine Rheaume. “ We have reduced our invoice processing time by 40%,” she added


About BlumShapiro:

BlumShapiro serves clients from six offices in Connecticut, Massachusetts and Rhode Island. The firm’s clients include those in manufacturing, distribution, construction, retail, automobile dealerships, and healthcare. Government clients include municipalities, quasi-government entities and state government departments. Non-profit clients are diverse and include human service agencies, private and community foundations, professional, trade and economic development associations, arts, cultural and membership organizations, healthcare organizations and educational institutions. BlumShapiro

About Docassist:

Docassist is a secure cloud document management and process automation solution that makes documents and data easier to capture, access, and manage. Docassist provides fast ROI to its customers by quickly automating manual and paper-intensive processes. Integration with Docassist’s cloud document management enhances the use of many accounting, ERP, CRM, and human resource management solutions. Docassist has been in business for 12 years and has customers all over the world. For more information about Docassist, please visit: docasist.us

Jacqueline Guarino, 754-201-4115 jguarino@docassistpro.com

Source:Docassist, LLC