Accounts Payable Automation for Financial Services Organizations
Overseeing the accounting department for a bank, credit union, insurance firm or other financial institution often involves complex workflows for invoice & payment approvals, along with strict reporting requirements.
The Fidesic team knows this industry and the necessities your financial organization requires to maintain control & visibility. With our industry-leading data capture, flexible approval workflow and customizable reports, you can ensure you have complete control, visibility and security over your entire accounts payable process.
Multi Location Capabilities
Fidesic uses both email-based capture and ship-to-address based capture to ensure your invoices always sync to the proper account or entity.
Increase Control & Visibility
- High level view of AP accounting with drill-down capabilities across locations and vendors, all from one solution
- Keep track of your entire AP process into a modernize interface
- Centralized control across multiple locations and entities
Reduce Costly Errors and Risk
- Reduce or eliminate the manual processes for fewer errors and faster processing times
- Automatically eliminate duplicate invoices and payments that result in troublesome corrections
- Full cloud backup of all transactions
"Fidesic is a very user-friendly system and can handle all the essential aspects of the accounts payable cycle. Our organization had been searching for an electronic AP system and we struggled to find one that integrated with our accounting system. One of the main draws for us in selecting Fidesic is its flawless integration with Microsoft Dynamics GP. Since we began using the program, the number of paper invoices we receive has dropped dramatically and more vendors are sending invoices electronically."
- Rachel T , Great Plains Food Bank
Frequently Asked Questions
How is Fidesic data secured?
We meet a variety of data security compliances including SSAE Type 16, SAS 70, PCI and several others so you can rest assured your data is being handled properly. Please read our security and privacy policy to understand the steps we have taken to ensure that your invoices and payments sent electronically are secure -- more secure than any paper-based processing system!
We have a rigid payment approval process, can Fidesic accommodate this?
Yes, we support any number of approvers, multiple signatures, and multiple stages based on payment amounts.
Our budget is planned and tightly controlled, how much is the setup?
There is no setup fee, so you can start using it without having to set aside funds to implementation. On an ongoing basis, Fidesic will free-up more funds for your core purpose!
How does Fidesic's OCR work?
Our Data Capture process is based on a hybrid model of both software and human capture. Rest assured, our combination of software and human capture is the best available. Your invoices will have accurate data captured accurately and automatically with no manual entry required from you or your staff.
How can we handle audits?
Fidesic has customized reports designed for the non-profit space. We can produce backups of actual invoices and checks for auditors with a few clicks!
Does Fidesic provide paper check fulfillment?
Yes! Fidesic helps you with the distribution of invoices and checks to your suppliers and vendors. We can provide a more cost-efficient pricing model than what you may currently be paying for.
How much support and experience is required?
Because Fidesic is easy to use and intuitive, little to no experience is required. Additionally, we offer training manuals and a series of videos designed to make the set-up process easy to understand - we ensure you have all the tools necessary to be successful. No need for lengthy training sessions with a support team just to get started. We strive to be the providers of instant-automation!
Can I try out Fidesic without full commitment?
Yes! You have the ability to utilize our innovative solutions at no cost. No credit card required - no commitment. See what you like at your own pace! Visit our pricing page to learn more about Fidesic for Free.