FACTOR
15 Case Studies
A FACTOR Case Study
ASAP Energy, Inc. was spending too much time and money on manual back-office work such as entering fuel invoices, credit card reimbursements, EFTs, and other daily data. The company needed a way to reduce errors, automate routine tasks, and improve profitability, and it turned to FACTOR and its E-Trak® module.
FACTOR’s E-Trak automated invoice entry, credit card credit posting, and EFT processing, while also reconciling accounts and updating general ledger, accounts payable, and fuel management records. According to ASAP Energy, the system reduced processing time, improved accuracy, and eliminated the need and expense of at least two full-time employees.
Rick Koch
Owner