TAPS
TAPS (Total Accounts Payable Solution) is a suite of software modules created by BizAps to automate and optimise the Accounts Payable processes of organisations running SAP, increasing the efficiency and productivity of AP departments whilst creating greater control and compliance for business systems.
TAPS covers the entire procure-to-pay lifecycle and offers functionality for the finance departments of the future.
Designed by accountants for accountants, TAPS’ success is derived by understanding the real needs of accounts payable departments across the world and developing robust technologies to exceed those needs.
In a typical organisation, accounts payable personnel spend the majority of their time performing repetitive tasks; matching requisitions to invoices for approval, and chasing other members of the business for supporting documentation.
TAPS enables organisations to drive efficiencies throughout the AP process, towards world-class levels by automating repetitive tasks and humanising the exceptions.
Implementing TAPS can simplify business processes to the point where AP personnel costs are reduced and staff can be refocused on activities of greater value to the corporation.
Automated AP departments using TAPS are no longer considered to be cost centres. They have uncovered tremendous potential to generate bottom line improvements through process acceleration, discount management abilities, improved control over spend, strengthened working capital positions, and stronger trading relationships.
TAPS not only creates an avenue to lower costs, but also contributes towards improving discounts from suppliers. Electronic invoicing eliminates paper processing times including mail latency and desk float. With faster approval times, finance managers have greater ability to not only take existing discounts but to create new ones. 
