New technologies and clever innovations make automated invoice processing a time-saving, cost-efficient reality.
Rapid ROI and transformed accuracy
Handling invoices manually is labour-intensive and vulnerable to human error. Mistakes result in even more time wasted on an activity which can be easily and quickly automated, giving you complete clarity over your cashflow while driving productivity, improving accuracy and transforming turnaround times.
- Our state-of-the-art invoice scanning software is able to read and extract the data contained within invoices in any format, based on pre-defined templates.
- As new suppliers arise, defining a new invoice template is quick and straightforward.
- We can scale our services to your needs, and process invoices in line with payment timeframes set out by you.
Up to 91% lower processing costs
Benchmarking research across 400 organisations* has revealed the benefits that best-in-class organisations achieve by developing efficient processes and mapping them to automated accounts payable solutions:
|Performance Area||Best-in-Class Advantage|
|Invoice processing costs||91% lower|
|Processing cycle time||46% shorter|
|Late payments||12% fewer|
|Staff time responding to enquiries||30% less|
*The Hackett Group Automating the AP process June 2010.
- Software auto-extracts data from incoming invoices
- New invoice templates easy to input
- Information automatically integrated into electronic workflow
- Flexible, scalable service
- Up to 91% lower processing costs
- Improve productivity
- Minimal investment and fast ROI
- Reduce processing time and error rate
- Visibility over cashflow
- Significantly lower carbon footprint
Find out how we transformed Capita P2P
“Invoices received in the morning are scanned and on the system that same day. Payment on-time has increased significantly, enhancing our reputation, and we have far fewer query escalations.”
Richard Good, SAP Programme Manager, Capita P2P