One of the first questions Managing Director Trevor Bruhn is asked when he’s introducing PoochPay is ‘What’s with the name?’. Trevor explains, ‘We wanted to build a service that was the AP departments best friend, an offering that was loyal and always had our clients back. We threw around some ideas but nothing is more loyal than your pooch”. From there, PoochPay was born.
PoochPay began its life as a tool to help the team at Factor Freight Solutions match their clients freight invoices against rate cards as the first step to optimising their supply chain. The proprietary Extract, Transform and Load functionality that powers PoochPay allowed the team of analysts to efficiently upload and validate invoices at line item level to ensure that clients were paying their vendors correctly.
The journey from freight invoice validation tool to AP outsource service was a relatively simple one. “Our clients were so impressed with the processing flow from a freight perspective. They wanted to know if we could process all of their invoices and we thought, of course we can!”.
Accounts payable is an incredibly labour intensive, manual process but PoochPay strives to change the way AP teams process invoices. Unlike other software based solutions PoochPay pairs accounts payable automation with a human touch to bring a very people based approach.
Trevor believes that the human aspect of PoochPay is what sets the service apart from others in the same space;
“We’ve always gone above and beyond for our clients and wanted to make sure that service element was still very present in our offering. This isn’t just another SaaS (Software as a Service) product”.
PoochPay was designed from day one to transform and overhaul the AP process. From experience, most of the AP solutions currently on the market were adding to the AP teams workload, rather than streamlining the process.
“You had to handle your set up, train your team and constantly manage the maintenance aspect to make sure the system was working as it should. We started from a human powered perspective so we could handle the heavy lifting from set up through to support. This is designed to make your life easier, free up your time and operate seamlessly in the background”.
PoochPay was designed and perfected in the complex world of freight invoice processing. It’s not available as a complete AP solution for any business that’s ready to streamline their accounts payable process.
PoochPay can process and validate complex invoices, check recurring charges, match purchase orders down to individual line item level regardless of file type or invoice layout. Invoices are e-mailed through to PoochPay where the data is captured and validated and then uploaded to the cloud based interactive dashboard.
“PoochPay was built to be able to capture invoice data down to line item level which is something that wasn’t previously available in the industry. This, along with people a service centered offering is our key differences and what we bring to the table to help our clients achieve the best results”.
The key mission for PoochPay is ‘to liberate your team from paper-driven, manual processes, so you can reduce AP costs, keep vendors accountable and get a better understanding of your spend’, which sums up what Trevor wanted to communicate quite succinctly.
“Our retention rate with our clients is incredibly high, we become an essential part of their AP process overnight and deliver huge results. We love the long term relationships we build with our clients and enjoy being a part of their continuing success”.
If you’ve been thinking about transforming the way your AP department runs, have been looking to generate better data from your invoices or are looking to reduce your overheads you can get in touch at info@poochpay.com.au or book your free trial today.