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#Anydoc captureit manual#
The company used a decentralized, manual process to handle the invoices, which cost the company time and money-and created many headaches. Each month, Duke processed 20,000 invoices as they streamed in from the various branch offices. About 75 percent of the company’s revenues stem from property management the remaining 25 percent is derived from construction services. Founded in 1972, Duke now owns more than 115 million square feet of property. With AnyDocINVOICE, Duke Realty has created an invoice process that is faster, more visible and uses less staff.īusiness Situation Duke Realty Corporation is the nation’s largest publicly-traded office and industrial property owner, with headquarters in Indianapolis, Ind., and 13 branch offices throughout the Midwestern and Southeastern U.S. AnyDocINVOICE captures the routing and mail stop data in addition to other key fields, such as invoice total, date and more. First, every invoice comes to corporate headquarters in Indianapolis, where each gets a project routing number and mail stop label for identification. Duke selected AnyDocINVOICE to capture and process invoice data. Duke Realty needed to find a more organized and efficient way to process the nearly 20,000 A/P invoices the company handled each month. The system delayed payments, lost invoices and a reduced visibility into the payment process. Each office was responsible for gathering documents, doing some initial coding and then submitting its own invoices to headquarters. The property company’s dispersed operations created a difficult situation when it came to processing accounts payable (A/P) invoices. With headquarters in Indianapolis, Ind., the company has branch offices in 13 markets throughout the Midwest and Southeastern U.S. Uke Realty Corporation is the nation’s largest publicly-traded office and industrial property owner. » Duke Realty can easily check the status of an invoice to get answers quickly. » Invoices are no longer lost in a paper-shuffling process. » The company saved money by eliminating late payments. Instead of receiving invoices mailed from 13 disparate locations, the invoices now are scanned and processed centrally. » Data extraction is now centralized and automatic. Solution Duke Realty selected AnyDocINVOICE to capture and process its invoice data.īenefits » Duke significantly reduced the staff dedicated to AP invoice processing. Some invoices got lost or stalled, resulting in late payments.
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The company often could not determine where an invoice was in the payment process.
#Anydoc captureit full#
Interested in learning more about Hyland’s data capture offerings? Explore our full suite of options.Duke Realty remodels accounts payable process with AnyDoc®INVOICE ✼ase StudyĬustomer Profile Duke Realty Corporation is America’s largest publicly-traded office and industrial property owner, with over 115 million square feet of property.īusiness Situation With 13 locations processing a total of 20,000 invoices each month, problems emerged.
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