The answer here is Accounts Payable (AP) Invoice automation. Docsvault’s three-pronged approach of Accounts Payable invoice automation helps speed up filing, approval, and search, which leads to an efficient and seamless paperless accounts payable process. Invoices are scanned or imported to Docsvault repository and, in the process, are named consistently as per predefined rules. Invoices are then automatically routed for approval to the concerned employee. In the case of multi-step approvals, Docsvault’s flexible AP approval workflows can be set to satisfy practically any routing requirements based on the invoice amount, the number of approvals needed, the funding source, etc. Timely reminder alerts, automatic escalations & delegations, and complete traceability make the invoice approval process highly efficient. There is no chance of losing an invoice, and there is greater transparency in the entire process.