Onpay, Highstreet Team On AP Automation

Automations solutions provider OnPay is working with Highstreet in order to provide AP automation tools with simple Oracle application integration, a press release says.

Highstreet is working with businesses to help them optimize business via the Oracle ERP system, offering a full spectrum of services for Oracle Cloud ERP, HCM, CX, Student Management, Student Financial Planning, PeopleSoft, and Oracle eBusiness Solutions, the release says.

“We are proud to partner with Highstreet to help their clients move away from paper-based and manual processes,” said Neal Anderson, CEO and president of OnPay Solutions. “Highstreet has been solving business problems for over 25 years. We are excited that their clients now have access to cloud-based accounts payable software that streamlines the invoice approval process and enables seamless AP payment automation.”

An unnamed Highstreet representative says the partnership will “offer an automated Accounts Payable solution that enables our clients considerable savings on their AP spend, while at the same time automating their Accounts Payable processes.”

The release states Highstreet works with a large number of student cloud implementation projects from Oracle, as well as with projects in the health care, commercial and finance services sectors.

OnPay Solutions founder and chief operating officer Julie Negrete-Anderson told PYMNTS last summer that the so-called “paradigm shift” for AP departments could be more cost-efficient than originally thought. While Negrete-Anderson said there were definitely costs to account for in doing things like getting rid of paper processes, there are also costs to account for in the case of inaction. For example, time is spent that could be used doing other things. Human risk is another factor, she said.

She also brought up cost-effective ways to deal with issues, including new tech that allows companies to retain their existing systems and optimize workflows without making employees use tech they’re not familiar with. Looking out for other new techs to modernize will help companies step into the modern day.