Cary, N.C., November 5, 2024 – VitalEdge is excited to announce the launch of its new FileBound Integration for Accounts Payable Automation, offering heavy equipment dealerships a powerful tool to streamline and optimize their accounts payable workflows. By combining the capabilities of IntelliDealer with the robust automation features of FileBound, dealerships can improve efficiency, reduce manual intervention, and maximize their operational savings.
“Managing accounts payable is a critical function for our clients. With FileBound, we’re offering a solution that automates key processes and eliminates inefficiencies,” said Paul Crist, Chief Revenue Officer of VitalEdge. “This integration empowers dealerships to handle purchase orders and invoices faster and more accurately, freeing up their teams to focus on higher-value tasks.”
The FileBound API interface seamlessly integrates with IntelliDealer, enabling automatic data syncs for purchase orders (POs) and receivers. It matches invoices to POs and receivers, auto-approves invoices that match, and routes any discrepancies for adjudication. This comprehensive solution is designed to minimize supplier inquiries, improve discount capture, and lower overall approval costs.
Key Features of FileBound Integration:
- Efficient Capture: Invoices are captured at the start of their life cycle, regardless of format, ensuring a smooth workflow from the beginning.
- Powerful Automation: Invoice data is automatically matched to templates, processed, and lifted for seamless approval.
- Simplified Approvals: Non-PO invoices and discrepancies are quickly routed for review and approval, streamlining the process.
- Effortless Management: Invoice data is easily transferred for payment, reducing duplicate data entry and providing built-in analytics for greater financial insight.
“We understand that our clients need reliable, efficient solutions to stay competitive in a fast-paced industry,” Mitesh Shah, Chief Technology Officer of VitalEdge added. “The FileBound integration is a game-changer—it reduces the manual workload and improves financial accuracy, allowing dealerships to operate more smoothly and profitably.”
“Managing accounts payable is a critical function for our clients. With FileBound, we’re offering a solution that automates key processes and eliminates inefficiencies. This integration empowers dealerships to handle purchase orders and invoices faster and more accurately, freeing up their teams to focus on higher-value tasks.”
Paul Crist, CRO, VitalEdge Technologies
By integrating FileBound into IntelliDealer, dealerships can significantly compress cycle times, reduce supplier inquiries, and maximize discount opportunities, all while lowering the overall cost of obtaining approvals.
About VitalEdge Technologies
VitalEdge Technologies is a leading global provider of dealer management solutions. Its e-Emphasys ERP and IntelliDealer DMS software suites give agriculture, construction, heavy truck, material handling, and other equipment dealers digital transformation and data intelligence technology to transform and grow their businesses. Designed to meet these clients’ industry-specific needs, its platforms connect every aspect of dealership operations and provide insights to increase efficiency, client satisfaction, and profitability. For more information, visit www.VitalEdge.com.
