AP automation on track for NZ Transport Agency
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Regional service bureaus arein the hunt for a contract to handle the automated processing of around 5000 invoices per month for the New Zealand Transport Agency (NZTA).
The NZTA has issued a preference for a New Zealand supplier, but has left the door open for bidders for other countries if they can demonstrate the ability to deal with “privacy and security” issues.
The NZTA is currently upgrading two separate versions of Epicor financials on separate networks to version 7.4, and is also considering changing to a different platform for financials in the future.
In the 2009/10 financial year, the NZTA processed approximately 61,000 AP invoices, ranging from $2.00 for a toll charge to an excess of $3 million for a contract payment. It wants to move away from manual processing of receipt, coding and payment authorisation for over 400 affected users.
The expected go live date is October 2011