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Accounts Payable Solutions

All organisations are constantly striving to reduce costs and become more efficient.

Increasing invoice volume, greater process complexity and ongoing pressure to do more with less – this is the new normal for accounts payable (AP) departments.
You have a core financial system in place to manage your transactional data, but what about the information and documents your team has to manage outside that system? What about the manual processes and piles of paperwork putting stress on your AP team?
By automating the capture and validation of invoices and making AP documents available digitally by integrating with your ERP solution, organizations reduce processing times, streamline the approval process, and shorten invoice-retrieval times to seconds. Businesses gain better visibility into the overall accounts payable process and can take advantage of early payment discounts for significant cost savings.

How does it work?

AP automation involves the automated capture and invoices, statements and related documents, electronic document management with workflow, and integration with your ERP solution. This may sound complicated, but it is actually very straight forward to achieve.

Benefits

Return on Investment

Research in the United States suggests that the average cost to process an invoice as paper is $30-$40, and automation reduces this to $1-$5. This represents a reduction in the costs of potentially over 80%, regardless of what Currency you are using.

When effectively implemented, AP automation solutions pay for themselves in a very short period of time and continue to deliver value to the organisation.
CONTACT US

Efficient Information Capture.
Effective Information Management

CONTACT US

Canada/North America: Email: [email protected]

Johannesburg :
Tel: +27 11 807-3312/3
Fax: +27 11 807-2957
Email: [email protected]

Business Hours:
Mon. – Fri. 08:00 – 17:00

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