Fidesic Solutions
Fidesic Payments, and Receivables can automate your accounting processes leading to less waste and more profit
Modern midsize companies are scouring operations for inefficiencies and poring over P&L statements searching for ways to reduce costs and increase margins. But few companies realize the immediate benefits that can be gained by outsourcing routine accounting processes.
Printing and sending your own checks and invoices is a time consuming task. Many midsized companies have several full time employees dedicated just to accounts payable. Employees spend hours and hours each week, printing checks, getting signatures and approvals, folding, stuffing, and finally, mailing the checks. Add the time it takes to field vendor inquiries and it’s no wonder companies feel they need to hire more help. Capitalizing on early payment discounts is virtually out of reach, resulting in thousands of dollars a year in lost savings.
Fidesic offers a painless solution: full business processing seamlessly integrated with your existing accounting system. Schedule payments, print and send checks, or start making electronic payments, all with just a couple of clicks. Executives can view and authorize payments via a secure user login, so the AP department doesn't have to sit around waiting for approval. Vendors are automatically notified via email when their payments are made. Customers, vendors, and employees can log on and instantly check the status of their payments. No more answering routine calls from vendors wondering if the check has been sent or worrying about late invoices. Most importantly, labor and material costs associated with mailing checks are drastically reduced. Most companies find their investment in Fidesic pays for itself just months after adopting electronic invoicing and payments.
Every company strives to run at peak efficiency. By outsourcing your routine accounting tasks to Fidesic, your company can significantly reduce costs and take advantage of immediate benefits and savings. To learn more, please follow the links below or contact a Fidesic sales representative. [ sales@fidesic.com]
Fidesic Receivables
Fidesic Receivables helps companies get paid faster by automating the invoice delivery and payment process.
Download the Data Sheet [PDF, 392kb]
Fidesic Payments
Fidesic Payments is a comprehensive service that enables mid-size businesses to replace payment processes with an automated solution.
Download the Data Sheet [PDF, 412kb]
Case Studies
Cartridges Are Us
Like most companies, Cartridges Are Us relied on paper invoices when billing its customers. In the past, printing and mailing paper invoices took the front-office staff more than 40 hours per week of labor to complete. This was time taken away from more strategic business issues like sales and marketing.
Read the full case study
Chempoint.com
ChemPoint pays over 300 invoices each month. Checks were printed manually and the CEO reviewed and signed each one. ChemPoint was dedicating resources to perform tasks that could be automated.
Read the full case study
White Papers
Real Results
A real result is about putting cash back on your bottom line. On average, indirect expenses represent 30 to 60 percent of an enterprise total expenses. Expense management automation (EMA) enables your organization to achieve hard dollar savings, in specifically targeted ways. In addition, EMA dramatically improves the processing efficiencies and cycle times associated with the expense reporting process. The first in the Real Result Series by Fidesic Corporation, this paper offers an overview of the prime cost savings targets and the real results you can expect to achieve using an EMA solution to improve your organization financial health.
Download the report [PDF, 60kb]Costs of Invoicing and Payment
Receiving payment by paper check is overwhelmingly the most popular payment method today for non-retail businesses, representing roughly 80% of all invoices paid.
Download the Report [PDF, 240kb]