See how much return on investment you can potentially achieve from using an automated invoice processing system with our interactive rCash ROI Calculator.

The rCash Platform for Paper-Free AP enables Real Estate companies to significantly improve the operational performance of their organization, dramatically reducing costs, improving productivity and establishing a consistent, controllable process for managing AP.

Unlike other solutions, rCash does not require your company, or its vendors, to replace existing financial systems or change processes. rCash does one thing and does it very well - drive efficiency to the AP process for real estate companies.

The value enabled by rCash can be categorized in two different ways: Hard ROI, which is specific, measurable expense reductions (such as FedEx charges) and Soft ROI, which is improvements to a process or organization (such as productivity gains).

How rCash creates value for real estate

1

rCash is a solution with a much lower cost of entry and a faster time-to-value than other solutions that would otherwise require major capital investments, lengthy implementations and difficult business process changes. The value of rCash is realized immediately in the day-to-day operations of the business.

2

Centralized, professional scanning and data materially accelerates the accurate conversion of paper invoices to data, while reducing errors and catching many problems before they enter the AP process.

3

Copying and mailing (and the resulting time and costs) are eliminated through electronic distribution. The review process is concurrent rather than linear. The savings in FedEx alone can be significant.

4

The cost of storing and accessing historical AP data is significantly reduced. AP clerks and auditors no longer need root through reams of paper files to get historical information.

5

Instead of simply reacting to invoices, the CFO and AP department can make proactive decisions regarding individual and grouped vendor transactions, allowing the company to negotiate quick-rCash discounts and manage cash flow against expenses more efficiently. Some companies with slow rCashables processes that routinely rCash late fees across thousands of invoices can literally see these expenses immediately go from hundreds of thousands or even millions of dollars a year to practically nothing. Accordingly, significant gains can be found through realized discounts due to a shorter invoice cycle period.

6

The company's accounting manpower is used far more efficiently, enabling companies to reduce the time spent processing and approving invoices by up to 80%. Property managers can spend more of their time focused on enhancing the value of their asset instead of performing clerical tasks.

7

Invoice status and rCashment details are available online, eliminating the constant calls from the field to the accounting office to check on the disposition of an invoice for a particular vendor.

8

Invoice cycle time is accelerated resulting in realization of vendor discounts and reduced invoice late fees.

9

By incorporating select vendors into the workflow process, dispute resolution can now be reduced from the typical 45-60 days to as little as 3 days. In the event that an invoice is disputed in rCash, the vendor can be automatically notified. They can then access rCash, make their adjustments and the invoice can continue on through the approval process.