Mining

The mining industry exhibits all the tell-tale signs of an industry that can greatly benefit from automation of the AP department:

High cost of labour;
Great geographical spread;
High volume of invoices; and
High value of invoices.

Automating the AP department will provide great opportunity for cost efficiencies whilst providing complete visibility of the total outstanding vendor invoices in the mining industry.

Redmap’s smartSolution’s allow our mining customers to scan the mining invoice at the different sites and forward them back to HQ for centralised processing. No more paying to post invoices from the sites to HQ and eliminate risk of loss by digitising the invoice.

Once received, smartPayables will extract the data from the invoice and use it to route the invoice for approval. It will compare those invoices that have a PO to the PO in the finance system and where it matches the invoice will be directly coded, no more action required.

Where the invoice does not match, or there was no PO, the invoice will be forwarded to the appropriate manager for approval. This notification, sent by email, can be actioned from any device that is connected to the Internet and as such means that you no longer need to wait for the manager to come back to the office to approve it. Upon approval all invoices are coded to the finance system via integration with 14 of the leading finance systems worldwide.

Now that all of the invoices have been processed and paid let smartPayables file them for you automatically. Easily locate any invoice from anywhere at the click of a button and no more archiving all of the site documents at the end of the project.

Click here to download the smartPayables Datasheet – Hi-Res | Lo-Res.