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Microsystems Pty Ltd
Established 1975
ACN 002 578 154
ABN 39 002 578 154

Unit 1/2 Parramatta Road, Granville NSW 2142 Australia

P. +61 2 9682 6111
F. +61 2 9682 3390
Freecall. 1800 634 054
 

Services > Applications > Financial

Financial

Microsystems provides data/document management and storage/retrieval solutions to the financial industry.

There are many challenges facing finance and accounting organisations as they work with large amounts of disparate forms, documents, and other sources of hard-copy information. The ability to manage these documents well is critical to operational effectiveness, and must also be done with high employee productivity to minimise expenses. Document management techniques and technology provide excellent tools for achieving these organszational objectives. Microsystems has successfully delivered such services and products to many finance and accounting organizations. An application that is very commonly deployed is the use of imaging for the accounts payable process.

A typical Accounts Payable Solution
The challenges facing accounts payable departments focus on managing available early pay discounts, avoiding late payment charges, and dealing with billing issues quickly and efficiently. As most vendor invoices are unique hard-copy documents, the burden of managing this paper flow can be large. A solution to this challenge is to use imaging technology that provides automated and intelligent collection, storage, retrieval, and workflow to the voluminous invoices and related documents.

The primary Microsystems solution for accounts payable is a combination of our digital conversions services with either CD-ROM or documentsonline, our remote document management system. Your paper documents are converted to digital images and securely transmitted to our documentsonline repository. With your Customised web hosted system in place, your images can be retrieved by authorised users from a desktop via the internet from any location. Documentsonline provides sophisticated retrieval techniques.

The easy and organised management of purchase orders, invoices and cheques provides our clients with material benefits. Quick access to documents allows clients to take advantage of available early payment discounts, and avoid misplacing invoices, which may incur late payment fees. The simplified employee access to documents allows for rapid resolution of billing issues and a more productive workforce, as employees are no longer forced to leave their desks to search file cabinets to find correct documentation. These benefits readily provide meaningful expense reductions for our clients.

Our clients include banks, credit unions and finance providers.

Applications serviced by MICROSYSTEMS: