CODAC selects Invocus, the e-Invoicing solution from Zycus, to bring real efficiencies in the AP process, not just empty file cabinets

Friday, April 14, 2017

PRINCETON, N.J.--(BUSINESS WIRE)-- Invocus (A Division of Zycus) announced today that CODAC Health, Recovery & Wellness, Inc. is adopting Invocus’ portal-based touchless eInvoicing suite, to completely automate their entire accounts payables process cycle.

CODAC is one of Arizona’s oldest and most respected community providers of integrated specialty care for individuals with mental illness, addiction and trauma. With more than 800 invoices processed every month and most of the invoices being non-PO invoices, it was a difficult manual task to be managed by one accounts payables manager and three FTEs.

“Invocus first came to our attention when we were evaluating the marketplace for an accounts payable automation software to make our payables process centralized and completely paperless”, says Teri Kaja-Controller at CODAC Health, Recovery & Wellness, Inc. “We were particularly impressed by Invocus’ portal-based touchless processing solution since it not only provides the visibility into payables process but it also eliminates labor-intensive, non-value-adding activities, unlike other solutions which are mainly focused towards scanning and capture.”

Teri’s vision for CODAC’s AP function was very clear. Her goal for this year was to implement an efficient and thorough electronic and paperless AP process while maintaining accuracy and controls. She knew very well that scan-and-capture solutions might give her empty file cabinets but no efficiency in the process. What she wanted instead was a system with a vendor portal for submission of all their vendor invoices in addition to internal requests from various staff for vendor payments on behalf of their members. “I wanted to make the process more efficient by decreasing the processing time, simplifying the submission and approval process, and allowing for staff that submitted the requisition to follow-up on these requests on a self-service portal. This solution also provides outside vendors the much-needed visibility”, says Teri.

CODAC Health, Recovery & Wellness, Inc. evaluated Invocus’ e-invoicing solutions through multiple rounds of demonstrations and in-depth market research and ultimately selected it because of its simplicity of use and dynamic workflow automation.

"Having a single source of truth in place to help manage their accounts payable processes will be of immense value to CODAC,” says Zycus founder and CEO Aatish Dedhia. “With our eInvoicing solution Invocus, we are focused on staying ahead of automation needs of accounts payable departments through the value of a portal-based touchless e-invoicing suite which is really the next generation accounts payable solution.”

About Invocus

Invocus software solution empowers companies to make the transition from age-old paper and scanning based Accounts Payable processes to the new age electronic invoicing. Our SaaS based supplier eInvoicing and information management network empowers your trading partners with self-services, mobility and visibility, so that you get rid of paper complexity and unnecessary supplier calls. We also endow you with state-of-the-art matching and workflow configurator for touchless processing and easy exception handling. We are proud to have the trust of clients - across verticals such as Banking and Finance, Insurance, Electronics, Healthcare, - enjoying early payment discounts and better supplier relationships!

We are the eInvoicing product division of Zycus, a leading global provider of complete Source-to-Pay suite of procurement solutions, the legacy of which goes back to two decades of customer happiness.

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