MHC Software Features
File Management (12)
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File Type Support
Supports all required file types including but not limited to: Google Docs, MS Office, images, videos, etc.
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Metadata
Automatically adds descriptive metadata like file size and upload date, has standard metadata fields like keywords, and allows the definition of custom fields and vocabulary.
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OCR Scanning
Can structure unstructured data through Optical Character Recognition or other automated filing/tagging processes for scanned documents.
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Versioning
Keep track of incrementally changing versions of the same file.
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Collaboration
Multiple users can collaborate on document creation, annotation, and review.
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Document Assembly
Autogenerate documents based on templates and form submission.
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Form Creation
Able to create and manage submittable user forms.
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Portals and Sites
Able to create user portals and sites.
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Disposition
Automatically archive, delete, or revoke access to files that have reached the end of their life cycle.
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Search
Can easily find files via a simple and/or advanced search.
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Web Interface
Ability to access documents via a web interface without a client being installed on a device.
Mobile Apps
iOS, Android and Windows phone apps provide functionality that enable users to perform the same functions as they would on a PC.
Workflow (18)
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Process Automation
Specifying a series of conditions and actions can automate internal processes, is customizable to the complexities of organization's needs and easy to set up and execute.
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Conditions
The workflow engine provides relevant and customizable conditions on which to execute rules.
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Activities
Any action a user can perform in the system can be specified as an automated action.
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Records Management
System provides the necessary tools and fuctionality to maintain evidence of business activites and comply with governmental requirements or industry standards.
Template Management
Create, save, and re-purpose templates for emails, forms, etc.
Document Management
Store, manage, and track all electronic documents in a centralized location
Metadata Management
Collect and maintain structured information that describes data or content
Content Management
Handles digital content throughout its lifecycle, from creation and storage to distribution and archiving
Workflow Management
Create, design and manage workflows for repetitive tasks
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Digital Asset Management
Manage digital assets
Task Management
Create, manage and track all task activities and progression
File Management
Create, save, and store files
Forms Management
Store, manage and track all forms in a centralized location
SEO Management
Optimize and manage the search engine optimization efforts for a website or digital content
Audit Management
Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws
Website Management
Built-in website builder or integration with third-party site
User Management
Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks
Platform (4)
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Performance and Reliability
Software is consistently available (up-time) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
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Reporting and Auditing
Access pre-built and custom reports to monitor user activity and storage.
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System of Record Integration
Integrates with other systems of record such as CRM, ERP, Outlook, Sharepoint.
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APIs
Enables custom integration to external systems.
Customization (2)
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Customization
Provides a customizable soltution that HR professionals can adjust to suite the organization's needs.
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HR Integrations
Integrates with core HR software to access employee information.
HR Content (2)
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Content Delivery
Tools to create and deliver content throughout an organization.
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Document Management
The ability to organize and manage a variety of documents.
Logistics (2)
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Security
Secure solution so administers can maintain access rights and security.
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Employee Portal
Employee portal lets employees log into the system to access all company and employee information.
Management (2)
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Single Sign-On
The ability to sign onto a platform once and access a variety of software solutions without needing to sign into each one individually.
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Self-Service
Web-based or intranet self-service portal enables employees to submit service requests.
Planning (4)
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Processes
Manage workflows and business processes for procurement.
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Contracts
Provide standard procurement contracts that can be customized.
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Content
Maintain a repository of content such as catalogs and other documents.
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Requisition
Define requisition rules for various types of procurement.
Execution (4)
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Purchasing
Create and manage purchase orders for products and services.
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Invoicing
Include features for procurement invoicing and e-invoicing.
Procurement Management
Organize and manage all processes/procedures involved in purchasing goods and/or services
Order Management
Manage and track customer orders for goods, investments, or any other purchases
Analytics (4)
Financial Reporting
Generate reports to assess the financial performance of an organization
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Due Dates
Track invoices based on due dates to identify overdue payments
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Benchmarking
Ability to compare AP automation metrics with other companies
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KPIs
Monitor KPIs such as time to process an invoice or erroneous payments
Invoice Management (2)
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Capture
Provide features to capture invoices such as import or scanning
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Repository
Deliver a central repository of AP documents, such as POs and invoices
Invoice Processing (5)
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Matching
Ability to match AP invoices to POs, contracts, or payments
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Payments
Identify incomplete or late supplier payments
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Workflows
Include workflows for approvals and invoice processing
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Tax Compliance
Comply with local and global tax regulations for collections
Recurring Payments
Automatic and regular transactions made through a secure online platform at predetermined intervals (monthly, quarterly, etc.)
Integration (4)
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Accounting
Provide integration with accounting and financial management software
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Payment Integration
Integrate with payment gateways and enterprise payments software
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ERP
Deliver integrations with accounting modules of ERP systems
ERP integration
Integrate with existing ERP systems
Channels (3)
Multi-Channel Coverage
Software incorporates multiple digital communications channels.
Open Listening
Allows incorporation of inbound contacts from non-marketing channels.
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Physical Media
Includes physical media (mail, flyers, billboards, etc.) in the channels mix.
Design (9)
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Communications Strategy Development
Allows planning and deployment of an overall communications strategy.
Create Content
Includes or integrates with content creation apps.
Personalization
Outbound communications are segmented and personalized.
Inbound Identification
Inbound contacts are identified and handled based on history.
Regulatory Compliance
Software verifies compliance with GDPR, CAN-SPAM, and other legal requirements.
Batch Communications
Send messages, notifications, or documents to an entire customer base at the same time
Multi-Channel Communication
Allows communication with customers or users via multiple channels such as phone, email, live chat, etc.
On-Demand Communications
Generate personalized communications upon request to meet customer needs
Interactive Content
Allow the audience to interact or engage with the content
Risk (3)
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Analysis
Reduces future risks through root cause analysis and process improvement
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Identification
Reduces frequency of errors, identifies risk and improves efficiency
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Scoring
Scores suppliers and employees based on risk factors
Recovery (2)
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Recoup
Identifies and recoups funds and prevents errors from happening again
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Reporting
Offers reporting to aid in minimizing future lost profits and process breakdown
Audit (4)
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Filters
Includes a library of audit-tested filters to identify AP outliers that are outside company policy
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Post Audits
Conducts a post-audit analysis of large volumes of data to identify historical payment errors and automatically generate claims
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Overpayments
Detects and prevents a wide range of overpayment errors
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Duplicates
Detects and prevents a wide range of duplicate payments
Fraud (3)
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Vendor Checks
Enables automatic checks of new vendors being set up in the system to combat potential billing schemes
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Data Generation
Generates comprehensive data needed to conduct a thorough investigation
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Monitoring
Provides continuous, proactive fraud monitoring across multiple systems and data formats
Generative AI (3)
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Agentic AI - Procure to Pay (3)
Multi-step Planning
Ability to break down and plan multi-step processes
Autonomous Task Execution
Ability to autonomously complete end-to-end procurement tasks such as PO creation, invoice coding etc.
Proactive Assistance
Ability to proactively flag out-of-policy spend, duplicate invoices, and overdue approvals before issues escalate
Agentic AI - Enterprise Content Management (ECM) (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Natural Language Interaction
Engages in human-like conversation for task delegation
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - AP Automation (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Additional Functionality (116)
Data Import/Export
Import and export data to and from software applications
Invoice Management
Captures invoice data and maintains comprehensive records for auditing and reporting purposes
Online Banking
Ability to manage transactions online with a mobile device or computer.
1099 Preparation
Generate, file and review 1099 tax forms for IRS (Internal Revenue Service)
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Receipt Management
Upload, track, and submit receipts in a central database
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Fraud Detection
Identify and prevent suspicious activity
Duplicate Payment Alert
Receive an automatic notification when the exact same payment is about to be initiated for the second time
Document Management
Store, manage, and track all electronic documents in a centralized location
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Inventory Management
Track and manage inventory levels to maintain proper supply
Check Writing
Issue payments to third parties via checks
Mobile Access
Access software remotely via mobile devices
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Multi-Currency
Manage and handle various international currencies
Status Tracking
Track the status over time for a request, process, asset, or transaction
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Cash Management
Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Vendor Management
Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.
Anomaly Detection
Automatically identify unusual behavior
API
Application programming interface that allows for integration with other systems/databases
ACH Payment Processing
Accept electronic bank-to-bank transfers using a network called the Automated Clearing House (ACH)
Invoice Processing
Creation, processing, verification, and execution of invoices till the payment is made
Aging Tracking
Categorizes outstanding invoices based on the amount of time they have remained unpaid
Supplier Management
Manage all supplier data and operations
General Ledger
Centralized accounting record which tracks all financial transactions
Expense Tracking
Monitor and record expenses such as purchases or charges incurred
Bank Reconciliation
Compare and match accounting/financial records with corresponding bank statements
Workflow Management
Create, design and manage workflows for repetitive tasks
Customizable Reports
Alter the layout and content of reports
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Electronic Funds Transfer
Transfer money electronically between two bank accounts
Purchase Order Reconciliation
Aligns purchase orders with incoming invoices and receiving reports
Financial Management
Plan, manage, and track the financial activities of an individual or organization
Workflow Automation
Streamlining repetitive tasks and activities through automated and predefined workflows
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Integration Management
Identify which applications need to exchange data and enable these data connections
Vendor Management
Ability to track and store all vendor-related information, such as contacts, services offered, terms, etc.
Contract Lifecycle Management
Organize, track, and automate the entire contract process
Budgeting/Forecasting
Create budgets based on historical data and future projections
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Inventory Management
Track and manage inventory levels to maintain proper supply
Content Library
Centralized repository to store content and assets
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Information Governance
Accountability over info/data that ensures appropriate behavior in the valuation, creation, storage, use, archiving & deletion of info.
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Data Capture and Transfer
Import, collect, and capture data from multiple sources
Indexing
Compile and organize data into specific metrics
Filtering
Find & retrieve relevant data or documents
Electronic Signature
Digitally sign online documents
Version Control
Track revisions and updates made to files and navigate between different versions
Mobile Access
Access software remotely via mobile devices
Document Storage
Store and organize documents in a centralized system
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Single Sign On
Allow users to access multiple services after entering their login credentials once
Image Editing
Edit, touch up, and convert images for publishing
Customizable Branding
Add customized logos and colors to align with company branding
Search/Filter
Search and filter data across systems to locate required information by entering keywords or certain criteria
Tagging
Attach digital tags to documents and assets for identification, search, or monitoring purposes
Audit Trail
A record of all activities within the system, including user access, changes made, etc.
Document Review
Review and analyze existing information across documents
Activity Tracking
Track and document all activities across devices, networks, and other systems
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Archiving & Retention
Moving and separately storing data that is not actively used or continuous storage of data for compliance purposes
Secure Data Storage
Securely stores data to prevent data loss or breaches
Configurable Workflow
Configure existing workflows to meet your organization's needs
SSL Security
Security protocol that ensures secure, encrypted communication over the internet, safeguarding sensitive data from unauthorized access
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Data Synchronization
Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency
Secure Login
At least a username and password is required to access the system
Content Delivery
Distributing content through various platforms or channels
Two-Factor Authentication
Extra layer of security that requires not only a password and username but also something specific to that user
Customizable Templates
Pre-designed layouts that can be customized to match preferences and requirements
Mobile Capture
Offline Access
Ability of websites, web applications, or mobile applications to function without an active internet connection
Templates
Sample files or documents that could be customized as needed or used as is
File Sharing
Public or private sharing of digital files such as documents, audio/video, images, and more
Chat/Messaging
Communicate using direct chat or messages within the system
Customer Database
A collection of customer information such as contact details, demographics, previous interactions, etc.
Customizable Branding
Add customized logos and colors to align with company branding
Call Recording
Record the audio of phone conversations for quality assurance purposes
Autoresponders
Create and automatically send premade copy in response to customer messages
IVR
Read and accept a combination of touch tone keypad selections and voice inputs and provide the appropriate prerecorded voice response
Email Management
Manage, store and organize emails within the system or via third-party apps
Template Management
Create, save, and re-purpose templates for emails, forms, etc.
SMS Messaging
Send messages via SMS
Surveys & Feedback
Gauge satisfaction and receive information for improvement and success
Content Management
Handles digital content throughout its lifecycle, from creation and storage to distribution and archiving
Knowledge Base Management
Manage a repository of information that includes articles, FAQs, or tutorials used for self-service support
Compliance Management
Track and manage adherence to policies for any service, product, process, or supplier
Multi-Language
Manage and support multiple languages
Interaction Tracking
Track interaction history by documenting conversations for contacts
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Social Media Integration
Integrate with social media platforms such as Facebook, Twitter, LinkedIn, etc.
Workflow Management
Create, design and manage workflows for repetitive tasks
Customer History
Access previous interactions or concerns to maintain customer relationships
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Video Support
Supports various video file formats
CRM
Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system
Inbox Management
Organize, prioritize, and manage incoming communications
API
Application programming interface that allows for integration with other systems/databases
Alerts/Notifications
Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges
Feedback Management
Collecting, analyzing, and utilizing feedback from users or customers to improve a product or service
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Activity Tracking
Track and document all activities across devices, networks, and other systems


