Level 1, 10 Bridge St, Sydney, NSW 2000
1300 932 274

Enterprise Software Systems

Paperless is possible

In business most of the paper and staffing resources are highest in Accounting and Finance departments. Over the years, Storata has transformed many companies in pursuit of the paperless office through its document management and automated data capturing systems. We’ve helped improve invoice processing, streamline AP workflow and deliver reliable ERP integration. Collaborating with suppliers and customers alike, all transactions can be received, created and processed electronically eliminating the need to store paper files and employ expensive data entry operators. Business rules programmed into the system ensure the right people are informed of any exceptions where the system intelligently notifies the user on the corrective action. Productivity gains are immense and the reduction in operating overheads reap immediate benefits.

Our solutions are highly scalable and customizable and provide:

Digitisation of structured and unstructured documents.
Mobile capture.
Multi-channel capture – paper, email, fax, mobile.
Electronic signature.
Extracting data off each page and ingesting / looking up captured data into your business systems.
Workflow approval engine – Approve for payment, return to supplier, request for comment and route to another approver.
Automatic classification and 3 way match of documents (invoices, purchase orders, suppliers).
Smart validation rules and learning algorithms.
Automate lined item matching for PO invoices straight from the ERP.
Auto notification of SLA’s and early payment discounts.
Dramatically improve General Ledger coding.
Ability to immediately check your cash position as well as drill down to understand issues and how to resolve them.
Integration into ERP/Accounting systems to cross reference master data.

SOX Compliance

Allow audit teams full visibility and a complete audit trail.

  • Easily find any document that internal or third party audit teams are looking for using full text search and advanced search
  • Provide a complete audit trail of activities by running reports through the admin console on users and files
  • Have executives directly sign off on financial statements right within Box using Box integration with DocuSign
  • Share financial statements and audit documents with internal and external teams by creating secure links with a single click
  • Prevent unauthorized sharing of documents by restricting download permissions on files and folders