With thousands of Finance Professionals using Sage implementing PaperLess Document Management Software, it is important to check HMRC’s position on how you need to keep your accounting records. This way CFOs, Finance Directors, Accountants and Bookkeepers all over UK and Ireland can continue to automate invoice scanning, invoice data input and invoice authorisation routines while following HMRC guidelines on how companies should keep their records.
According to HMRC website invoices can be kept on paper, digitally or as part of a software program. You can decide the best way for your company to manage and store accounting documents as long as these are kept accurate, complete and readable.
Automatic Invoice Recognition
Automatic Invoice Archiving for Sage
Live Lookup of Invoices directly from within Sage
Online Invoice Authorisation Software
Full Document Management Automation for Sage
The most important things you must do is to make sure the document management software – whatever it might be – works together with your accounting software. If not, you will end up duplicating the amount of work by having two separate systems that do not talk to each other.
This is one of the main reasons why PaperLess Document Management is so rapidly become the preferred choice of thousands of Sage users to manage, process and approve invoices. Not only PaperLess for Sage is Sage Approved Solution but is also offers a seamless integration with Sage 50cloud, Sage 200cloud Professional, Sage 200cloud Standard and Sage 200 Extra Online which is really the best way to automate invoice processing routines and invoice approval processes.
This Sage Authorised Document Management Software aggregates within one system powerful automation features such as automatic invoice recognition, online invoice approval and automatic upload of invoices to Sage, making it possible to deliver unique automation levels from the moment invoices are received until they are posted on to Sage.
Invoice filing is also done in a fully automatically manner, since when transactions are posted invoices are automatically archived and easily accessible via a live invoice lookup from Sage transaction lines.
Besides being a Sage Authorised Software, PaperLess is also listed on HRMC Record Keeping Software Providers List giving Finance Professionals the assurance of being implementing a solutions that is approved by Sage and that will allow them to keep in line with HMRC record keeping rules.
Also important to mention that the integration between PaperLess and Sage gives Finance Professionals access to a lot more than what traditional document management systems have to offer. With PaperLess Document Management for Sage, accounts teams can achieve unique automation levels within the accounts payable teams, meaning that they can process a much higher number of invoices with the need to increase the team headcount.
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