WIMCO Automates Company Credit Card Payment Process with eCMS Connect for Comdata v.2
Historically, WIMCO fulfilled their vendor payments with checks and ACH payments, a process which demanded manual reconciliation, and incremental printing and mailing expenses, as well as the potential to experience lost checks, late payments and check fraud. So, in 2015, the firm implemented eCMS Connect for Comdata v.1 in an attempt to automate their expense management workflow.
While progress and productivity gains were made, WIMCO Corp.’s operations continued to expand and adapt to meet the demands and explosive growth of the construction industry. At the same time, Computer Guidance Corporation, as part of their ongoing pursuit to enhance and improve their solutions offering, released a new version of eCMS Connect for Comdata. And, as those two forces came together, WIMCO decided it was time to upgrade its eCMS Connect for Comdata solution to the latest version.
The new version of eCMS Connect for Comdata grabs both Expense Track transaction and receipt image files automatically on a pre-determined schedule from a dedicated FTP server. Users also have the options to import Comdata files into eCMS from the FTP site ‘on-demand’ using the ad-hoc option in eCMS Connect. A menu option built into eCMS manages automated updates, and files which are grabbed or imported from Comdata can be edited before AP Batch Processing in eCMS. Uploaded files are automatically deleted from eCMS Connect so duplication and errors will not occur.
“The sheer volume and complexity of our company credit card payment process was screaming out for automation. eCMS Connect for Comdata v.2 was the perfect solution to help us eliminate manual processes, eradicate duplicated efforts, prevent unknown payment status and streamline our accounting and AP workflows,” said Darlene Moore, EVP/Secretary Treasurer, WIMCO Corp.