Accounts Payable

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Accounts Payable

Supplier Invoice capture & Processing Solution

Efficiently and accurately handle incoming invoices from suppliers in any format using Optical Character Recognition (OCR) technology to automatically extract critical data from incoming invoices and initiate automated workflows for line item matching, GL coding, approvals and exception handling.

Benefits

A solution to seamlessly capture and process supplier invoices. 

Efficiency

Reduces manual data entry, speeds up invoice processing and minimises errors, resulting in faster payments and cost savings.

Accuracy

Ensures accurate data input, reducing payment errors and compliance issues.

Cost Reduction

Reduce labor costs and eliminate late payment penalties.

Supplier Relations

Timely and accurate payments foster positive relationships with suppliers, leading to better terms and discounts.

Features

Accounts Payable Features

Below are the key features included with the accounts payable solution.

Automated Data Capture

Optical Character Recognition (OCR) automatically extracts data from invoices, including header and line item fields.

Validation & verification

Validate invoice data for accuracy and against predefined rules.

Workflows & GL Coding

User-assisted GL Coding and configurable approval and exception workflows.

Insightful Analytics

Pre-built dashboards provide visibility into invoice status, exceptions and "no-touch" processing and provide information to further improve and optimise the AP process.

Line Item Extraction

Advanced line item extraction that uses machine learning and improves as more invoices are processed.

Multi-Language & Currency

Supports a wide variety of languages and currencies.

ERP Integration

The solution integrates with Sage 200 Evolution, Microsoft D365 Business Central, Microsoft D365 Finance & Operations, Oracle Financial Cloud, Oracle Netsuite and many more.

Electronic Invoices

Supports XML or PDF files, increasing invoice extraction rates and reducing manual verification and correction with electronic data.

Secure & Compliant

The solution is live 24/7 and monitored for optimised customer performance. The solution is SOC2 compliant and benefits from the security, privacy and performance provided by Microsoft’s Azure.

How The Solution works

Business Workflow

Scan Or Import

Receive invoices via email or scan paper based invoices.

Data Extraction

The invoice data is automatically extracted.

Verification

Invoices requiring manual user verification appear on the verify queue. Duplicates, errors and other issues are addressed here.

Workflow & GL coding

Approval workflows are started and Non-PO GL Coding is completed if required.

ERP Integration

Invoices are sent to the integrated ERP solution or is sent as files to a folder location.

Discover The Solution

Accounts Payable Automation in Action

View how to transform your asset maintenance and verification business processes with a complete and fully customizable cloud based compliance and verification solution.

Pricing Plan

Accounts Payable Solution Pricing

Efficient and accurate accounts payable automation software.

Free Trial

Try out the solution with a 60 day free trial.

Free

Time Limited Features

Unlimited Users
500 Documents
Header, Footer & Line Items AP & Exception Workflows

Basic Plan

Invoice header & footer capture solution.

$55/Month

Billed Monthly

Unlimited Users
1000 Documents Per Year
Header & Footer Capture
XML Output

Premium Plan

Invoice header, footer & line item capture solution.

$87/Month

Billed Monthly

All Features of Basic
Line Item Capture
Purchase order pairing
2-way/3-way matching

Enterprise Plan

Full featured invoice capture solution with AP workflows.

$104/Month

Billed Monthly

All Features of Premium
GL Coding
AP Approval Workflows
Exception Workflows

Free Trial

Try out the solution with a 60 day free trial.

Free

Time Limited Features

Unlimited Users
500 Documents
Header, Footer & Line Items AP & Exception Workflows

Basic Plan

Invoice header & footer capture solution.

$586/Year

Billed Yearly

Unlimited Users
1000 Documents Per Year
Header & Footer Capture
XML Output

Premium Plan

Invoice header, footer & line item capture solution.

$937/Year

Billed Yearly

All Features of Basic
Line Item Capture
Purchase order pairing
2-way/3-way matching

Enterprise Plan

Full featured invoice capture solution with AP workflows.

$1121/Year

Billed Yearly

All Features of Premium
GL Coding
AP Approval Workflows
Exception Workflows