The increasing flow of information into an organisation, combined with manual data entry, reconciliation and verification procedures results in long processing cycle times, lack of visibility and increased risk of errors. Companies need a clear strategy to manage and leverage their wealth of information. Process automation and information management are critical to organisations who want to remain competitive and use data as a strategic asset.
ERP systems let you consolidate information from front- and back-office processes including areas such as accounts payable, accounts receivable, supplier onboarding, procurement, analytics and revenue management. Most systems today allow you to access your data from any device, anywhere, anytime with the new model of SaaS and cloud hosting. Despite the maturity of leading ERP systems, no ERP system can do it all. Our intelligent automation solutions seamlessly integrate with your ERP system to fill those functionality gaps and complete the life-cycle of your business processes.
Accounts payable personnel are under constant pressure due to the manual processing of paper invoices. Finance teams face major bottlenecks in getting the information from incoming invoices into their system. Manual invoice processing procedures are time consuming, prone to human error and provide no visibility and tracking of the invoice approval process. This results in accounts payable staff that are preoccupied with tedious, mundane tasks that require them to focus on every aspect of the invoice process.
An integrated, accounts payable automation solution from Xcellerate IT can fill the gap in the procure to pay process by streamlining the onboarding of invoices and provides an efficient way to manage the capture and workflow of exception handling of invoices and/or straight through processing directly into the ERP. The solution delivers insight, visibility and tracking throughout the entire lifecycle of the invoice process. This empowers each accounts payable team member to manage their role with the most efficient use of their time and focus on more value-added tasks within the finance department.
The manual process of matching bank reconciliation and remittance advices is heavily paper-based, time consuming and repetitive. An integrated, accounts receivable automation solution from Xcellerate IT can automatically capture, extract and validate information from remittance advices and match this to payments on the bank statement, before feeding the data straight into your ERP system. Where no match is found, an accounts receivable team member can reallocate the remittance details for further analysis and management.
The manual effort of onboarding new suppliers is time-consuming, inefficient and causes delays for new supplier creation. An automated, integrated, supplier onboarding solution from Xcellerate IT improves the process, the visibility and the data quality, whilst eliminating the duplication of information from supplier application forms. Our solution offers an intuitive dynamic forms library, allowing suppliers to fill out and submit forms which integrate directly with your ERP. This streamlines the entire process with minimal human touch and provide SLAs (reminder messages) for timely supplier creation.
Outlined below are some of the ERP vendors that we integrate with to streamline the invoice lifecycle and complete the procure to pay process.
Increase the usefulness of your ERP system and maximise productivity with an integrated business process automation solution from Xcellerate IT.
Xcellerate IT has integrated automation solutions into all major tier 1 and tier 2 ERP systems. Whether you use SAP, J.D. Edwards, Oracle Financials, Microsoft Dynamics 365, TechnologyOne, QAD, People Soft, Baseplan, Netsuite Coupa or another system or combination of systems, we can deploy and integrate our automation solutions to provide greater efficiency, value and visibility.