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Bridgewater Wholesalers, Inc. Streamlines Accounts Receivable Processes
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Added: 09/15/2005
Type: Summary
Viewed: 349 time(s)
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Bridgewater Wholesalers, Inc. Streamlines Accounts Receivable Processes with Hosted Document Managem
When doors & millwork wholesale supplier Bridgewater Wholesalers, Inc. (BWI) had enough of being overrun with filing cabinets and paperwork, they made the decision to take their paperwork into the 21st Century. For the past month, they have been hosting their documents online with document management service provider WorldView Ltd.
Located out of Branchburg, New Jersey, BWI’s corporate headquarters now scans all of its hardcopy delivery tickets using WorldView’s ImageView document imaging solution. BWI uses WorldView’s COLDView solution to electronically capture and automatically index its accounts receivable invoices. Each delivery ticket and customer invoice is now accessible via the Internet to BWI’s other satellite branches, located on the east coast.
WorldView Ltd. offers a hosted document management model that provides off-site storage, backup and disaster recovery assistance while serving as a legal resource for proof of delivery documentation for BWI and its customers.
The need to go paperless stemmed out of an ever-growing problem many businesses today are trying to overcome - the need to securely store, manage and retrieve accounts receivable invoices and signed proof of delivery documents.
"Scanning allows BWI to save financially both office and manpower resources. We will discontinue manual filing and save time by digitally indexing invoices," says Simon Sikora, BWI controller. "Using the WorldView solution, we foresee a return on investment in only six months."
"After only ten days live, BWI had electronically stored more than 700 documents per day. This number is expected to grow to 24,000 documents per month," says Jim Waldron, WorldView IT development manager. "BWI now has immediate recovery of all their information and documentation."
According to Sikora, the key to choosing WorldView’s hosted document management model was in an onsite visit that BWI executives made to another WorldView customer site.
"Sikora and his team visited one of our current customers before confirming that the WorldView solution was the right decision for them," says Fred Meis, WorldView account executive. "The idea behind scanning in documents for quick retrieval can be easily understood; however, when you have the opportunity to see how the solution addresses your business problem first hand, that’s when it truly makes sense."
"We are very pleased with the services provided by WorldView and we are planning on bringing on-board our accounts payable within the next couple of months," says Sikora.
ABOUT WORLDVIEW, LTD.
WorldView is an internet-based document management software and service provider specializing in customized solutions for increased office productivity. WorldView offers secure, hosted and in-house enterprise solutions that enable organizations to store, manage and share vital information between employees, vendors, partners and customers. Each month, millions of documents are stored by thousands of business professionals across North America using WorldView’s document management service. |
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