Under the terms of the contract between the two institutions, IntelAccount is set to process Peoples State Bank’s accounts payable and expense reports from the initial documents receipt stage to carrying out payments and providing online document storage and an online approval routing and management reporting system. Moreover, IntelAccount is set to develop a paperless accounts payable process for the bank.
IntelAccount provides web-based accounts payable, expense report and payroll processing services including e-payment and document management services for the small and medium-size business market.
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