Accounts Payable Automation has transformed the way that businesses process supplier invoices. The technology allows you minimise manual tasks, lower costs and increase efficiency by streamlining and automating the accounts payable workflow process.
The accounts payable process is characterised by large volumes of invoice data, arriving in different formats and through different channels, that must be securely and accurately received, interpreted and entered into financial systems. Manually performing this process is time consuming, error prone, costly and lacks visibility.
Using a configurable, accounts payable automation solution from Xcellerate IT to onboard invoices will streamline this chaotic process by automatically capturing, extracting and validating invoice data before exporting the information straight to your ERP system. Our powerful, accounts payable automation solutions provide the following benefits:
Tungsten AP Essentials, formerly ReadSoft Online, is a dedicated cloud-based accounts payable automation solution that provides market leading-capture, extraction, validation, configurable business rules, general ledger coding, and user-driven approval and exception workflows.
Leverage the world’s first unified digital transformation platform to automate your accounts payable department. The Tungsten TotalAgility platform is an enterprise-wide solution that can be expanded outside the Accounts Payable Department, having the ability to integrate into other line-of-business applications.
Finance teams face major bottlenecks in processing and consolidating incoming invoice data. Our solutions seamlessly integrate with your ERP system to enable end-to-end accounts payable process automation.
Electronic invoicing (or e-invoicing) offers organisations a more efficient, accurate and secure way to deal with suppliers and buyers and automates the exchange of invoice information directly to and from their business systems. Our business process automation solutions can centrally process both traditional (email with attachments and paper-based) and e-invoices in a single platform.