Invoice Processing

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Streamline your invoice processing with automation

Accounts Payable (AP) is a core business function within accounting departments but also is key to running a successful business. At its simplest AP processes incoming invoices – but matching invoices to existing purchase orders, marrying them to the correct suppliers and ensuring that values are correct are all parts of what can be a very complex process.

Incoming invoices to your organisation need to reach the appropriate staff for review, approval or coding as quickly as possible. However, many businesses find that their accounts payable processing, especially if it is still paper-based, is not as efficient as it could be.
No matter how invoices arrive to your organisation, whether as paper or email attachments, an AP automation solution captures, organises and delivers those invoices, using comprehensive workflow and routing options, to the right people – fast.

An AP automation solution can extract key information directly from an invoice to automatically check details against a supplier database, purchase order or internal ERP system. All of these capabilities mean less manual handling of invoices – reducing errors, the amount of time taken, and the cost of invoice processing.

Accounts Payable – A key starting point on your digital transformation journey

The accounts payable processes provide a great potential for increasing the efficiency of the whole organisation. The information and documents created by and surround financial processes are used in countless other processes and departments, so the financial processes have an important and multiplier impact throughout the organisation.

Avoid the Month-End Crush

Accounts payable (AP) invoice processing can be a time consuming, heavily manual job within many businesses - but by automating that process businesses can see significant benefits.

Find out more with the following e-books


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Save time and money with automated accounts payable

Accounts payable automation can save your business significant time and money over manual processes. Use our calculator to see how much your business could save. Enter your numbers below and press "Calculate“.


Manual

Process per Invoice

Cost per Processing employee

Cost per Authorising employee


Automated

Process per Invoice

Cost per Processing employee

Cost per Authorising employee


Savings

Process per Invoice

Cost per Processing employee

Cost per Authorising employee


Total Savings *

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* The above calculation is an example of how automation could benefit your business. This is an indication only and should not be taken as a guarantee of savings.

”The cooperation with Konica Minolta to improve our invoice processing was excellent! We are already considering an extension of the solution.”
Steffen Groß
Company Controller,
GWT-TUD GmbH
Success Story
invoice processing

Invoice Processing

Save costs by capture, check and clear incoming invoice digitally