Accounts Payable Software
FirstStrike® software has been hard at work at companies like yours for over ten years, detecting and preventing errors and overpayments and returning revenue to the bottom line.
With its breadth of controls, analytics and proven customer base, FirstStrike® Accounts Payable Software is in a class by itself to capture duplicate payments, paid credit memos, sales tax errors, cash discounts and pricing errors. FirstStrike® also provides an industry-leading, comprehensive package of vendor fraud detection technology. Our FirstStrike® Purchasing module compliments the A/P team, providing value to your shared service center through spend analysis, diversity tracking, vendor analysis, contract compliance and cash management capabilities.
FirstStrike® delivers an unparalleled range of quantified cost savings. Designed to foster accounts payable best practices, it tracks the metrics critical to your company's financial success. FirstStrike® also serves as a central data repository, accepting data from diverse sources such as SAP®, PeopleSoft®, Oracle®, J. D. Edwards®, GEAC® and legacy systems. With the FirstStrike® Web-based interface option, your staff can access A/P and procurement information from any PC in the world through a standard Web browser. And since nothing is installed on the client PCs, there’s no need to worry about complicated upgrades or new deployments—you simply log in and get to work. Contact us for more information on FirstStrike® Accounts Payable Software.
What are some of the benefits of FirstStrike® to you?
- Prevents overpayments before checks are issued
- Benchmarks performance against best-in-class companies
- Tracks critical productivity to reduce cost-per-invoice
- Gives instantaneous access to data from multiple sources
- Quantifies missed cash discounts to enhance capture
- Provides Vendor Master Controls and Cleanup
- Isolates paid credit memos
- Tracks vendors with improperly assessed sales tax
- Calculates Days Payable Outstanding (DPO) across vendor base
- Spend analytics to achieve strategic sourcing cost reductions
- International support, including value-added tax
- Performs prioritized aging of unused vendor credits for transfer to active vendors