Accounts Payable Management (APM)

The TVM patent pending APM has the power to eliminate countless hours of redundant documentation oversight and error prone bookkeeping entries. 

Purchase orders, packing slips, shipping invoices, back orders, credit memos, and month-end billing statements -- 90% of all accounts payable time is spent reconciling documents that need no reconciliation. With patent pending APM, you could focus your time only on that 10% that needs your attention.

And with patent pending APM your company can also eliminate the cost associated with check writing and reconciliation. TVM’s patent pending APM automates this process as well. Moreover, you have your choice of how to pay and when. 

How Does patent pending APM Work?

After establishing your patent pending APM file, you will fax, scan, email, or mail all payables documents to our imaging center. You can even have original documents sent directly to our center and eliminate all handling at your place of business. From there it is simple:

• Data is reconciled to the month-end billing statement, or at a Client defined time
• All reconciled vendor billings are made ready for Client defined payment, or paid automatically by paper, or electronically
• Only exception files (those accounts that do not reconcile) are separated for resolution
• Client defined 24 hour secure Web access to all reports and files

TVM’s patent pending APM will provide you with complete reporting including everything found in your current accounting system and more. Patent pending APM will not only show you who you paid, when, how, and how much, but also which vendors are costing you the most time in error correction (errors in billing and shipping, in items and dollars), credits, and back order delays; this is information you can use to more effectively manage your vendor relationships. 

With patent pending APM, becoming paperless is not just an option, it’s easy. 

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