Peoples State Bank, a Michigan-based community-focused institution, has chosen IntelAccount to process its accounts payable (A/P) and expense reports in order to improve controls, productivity and security while helping control related costs.
“Using IntelAccount’s services we can focus more resources on client service and have access to web-based technology and expert staff without the ongoing investment of building and managing these systems and processes internally,” said Leif Christianson, CIO for Peoples State Bank. “In addition, we’ll eliminate paper related to the accounts payable process, going ‘green’ to support the environment and that fits nicely with the philosophy of our organisation.”
IntelAccount handles the accounts payable process from receipt of documents through payment and online document storage – including web-based approval routing and management reporting – even preparing 1099 forms. A process that used to take days or weeks to approve and pay an invoice now takes minutes.
IntelAccount’s services are tailored for small businesses to obtain cost savings up to 70%, claims the company.
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