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Accounts Payable Departments Discover How to Offset Effects of Current Economic Crisis in New Report Co-Sponsored by Metafile

March 23rd, 2009

“The CFO’s View of Accounts Payable: Cash is King” available for complimentary download this week

Rochester, MN March 24, 2009 — http://www.metaviewer.com – Metafile, a Minnesota-based content management firm dedicated to providing paperless financial innovations, is helping detail how accounts payable (AP) departments can help offset the adverse effects the current economic crisis is having on companies by implementing best practices in cash management.

“The CFO’s View of Accounts Payable: Cash is King,” an Aberdeen Group benchmark study report, details how the unique position of accounts payable department’s cash management practices can benefit their company as a whole.

“Best cash management practices include everything from extending Days Payable Outstanding (DPO) to capturing early payment and volume discounts,” states the report.  “If properly automated, the typical accounts payable department is uniquely positioned to oversee and integrate these tactics.”

In total, The Aberdeen Group’s study evaluated 160 enterprises.  The enterprises deemed as best in class based on the overall cost experienced in processing single invoices reported marked similarities in accounts payable processes:
•    62% leveraged online or web-based reporting tools
•    69% possessed enterprise- level visibility in account payable processes


Paperless Workflow Monitor From Metafile Enables Chief Financial Officers Ability To Make Real-Time Improvements to Fiscal Strategy

February 18th, 2009

CFO’s and finance managers remain updated regarding every crucial financial detail within their companies

Rochester, MN February 19, 2009 — http://www.metaviewer.com – Metafile, a Minnesota-based content management firm dedicated to providing financial innovations via paperless financial automation solution MetaViewer, has debuted the MetaViewer Document and Workflow Monitor.  Designed as an advanced information management solution, The MetaViewer Document and Workflow Monitor provides CFO’s consistent, real-time updates regarding the state of their companies financial processes.

It is crucial for CFO’s, whose primary responsibility is to ensure the fiscal well-being of their company, to be updated consistently on each detail that makes up the big financial picture of their company.  Details necessary for the CFO to monitor include everything from invoices approaching deadline to processes that may be stalled in workflow.  Because of a CFO’s overwhelming need for information, they often find themselves overly reliant on paper-based reports.

“Like a virtual desktop dashboard, the MetaViewer Document and Workflow Monitor provides paperless reports regarding a company’s critical financial workings,” states Jim Mandt VP of Technical Services for Metafile.  “Much like the gauges of an engine provides instant feedback on engine performance, the MetaViewer Document and Workflow Monitor provides instant full visibility for all financial processes.”


Paperless Automation Solution From Metafile Enables Chief Financial Officers To Instantly Analyze Fiscal Direction Of Companies

February 18th, 2009

Time spent uncovering elusive financial information hidden in overwhelming stacks of financial reports eliminated with Metafile’s MetaViewer PrintStoreTM Report Archive and Analyzer

Rochester, MN February 12th, 2009 — http://www.metaviewer.com – Metafile, a Minnesota-based content management firm dedicated to providing financial innovations via paperless financial automation solution MetaViewer, has debuted The MetaViewer PrintStoreTM Report Archive and Analyzer.  The latest in a line of advanced information management solutions by Metafile, The MetaViewer PrintStoreTM Report Archive and Analyzer is designed to enable CFO’s full visibility of all vital information in any order, subset, graph or chart they need today, tomorrow and into the future.

In a position whose key responsibility is to ensure the fiscal well-being of an entire company, CFOs often find themselves buried in a pile of paper-based reports and spreadsheets. These reports contain information vital for the CFO to be aware of when analyzing and reporting on the current or new fiscal direction for their company.

“By providing the ability to automatically sort, summarize, search and graph information found in their vital reports, the MetaViewer PrintStore™ Report Archive and Analyzer can help financial executives find the information they need instantly without paper and without producing multiple reports from the same information,” states Jim Mandt, VP of Technical Services for Metafile. “This is true even if those reports contain hundreds of fields and thousands of pages.”


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