It's the turnkey, SaaS-based solution for automating invoice processing in the cloud. See how AP Essentials automates invoice processing in this 3-minute demo.
Enjoy the labour reducing benefits of improved extraction rates, typically at 80% and as high as 95%. Adaptive, self-learning capabilities improve processing speed and precision over time as the application learns to locate invoice data.
Choose from three AP Essentials Editions - Basic, Premium or Enterprise - to accommodate your invoice processing requirements, including capture, line item matching, approvals, general ledger coding and ERP integration. All editions integrate with market leaders in ERP and Pay-to-Procure, such as Microsoft D365 Business Central, Microsoft D365 Finance and Operations, and Oracle NetSuite, to ensure seamless and compliant invoice processing, from capture to posting for payment.
Get more accurate financial data, reduced audit risks, and achieve better financial compliance. With Tungsten AP Essentials, you can have total confidence in the quality of your data. All data is extracted using Tungsten world-leading cognitive capture technology. Purchase Order (PO) based invoice line items can be validated against purchase orders and goods received. User assistance is provided for GL coding for non-PO invoices.
Faster rules-driven invoice processing for approvals and exception processing assures optimal cycle times and eliminates late-payment penalties and early payment discounts are increased.
Pricing is based on invoice and not page volume. Subscription or 'by the click' purchase options include monthly, annual or prepaid invoice volume for header/ footer, line item and workflow processing, with options for adding invoice image storage.
Pre-built dashboards enable you to quickly achieve insight into invoice activity for monitoring invoice status and exceptions; providing continuous feedback for optimising invoice processing.
Implementation is fast. Setup can be completed in hours and requires no hardware or software investments. There is no time consuming maintenance, upgrades or updates. You'll always have access the to the newest features and most up-to-date version of the solution. A dedicated cloud-services team monitors and optimises yours processing 24/7.