At Stampli, we’ve written a lot of content around the benefits of AP automation, the ROI your organization can expect, and even how to work with the management team on implementation. What’s more, it scales to thousands of users and archives millions of records. We’ve all heard this maxim hundreds of times, but it rings especially true when it comes to accounts payable automation. It is enterprise content management software used by AP departments across the globe to manage financial information and has integrated with all of the leading ERP systems like SAP, Workday, JD Edwards and many more. AP automation: Ditching paper and applying software to streamline workflows are steps along the path to accounts payable automation, a broad term that encompasses the automation of routine steps such as receiving invoices, coding, routing for approval, payment and reconciliation.
Payable automation manual#
Our AP Automation Suite eliminates manual work and earns you. We use ApplicationXtender to automate your AP department. Automate invoice capture, approval workflows, and payments. Define user roles and permissions within the system to ensure appropriate access levels and segregation of duties. Talk about elevating your invoice management payment processes! You’ll get red flags for upcoming deadlines and mismatches, too. Configure the accounts payable automation system to reflect your desired invoice routing and approval hierarchies. Approvers receive the invoices and the automated system sends out reminders at regular intervals. Relevant data is extracted from the invoices, posted to accounting applications, and routed where it needs to go for approval. Accounts payable automation software helps organizations pay for invoices in an organized, timely manner for the precise amounts. Once digital, automating the invoice approval process saves time (because routing doesn’t rely on human intervention-it eliminates manual data entry on spreadsheets!). We offer digital mailroom services where we setup a mailbox and email address for your incoming invoices (and paper checks). Our service bureau can handle all of your scanning needs, whether you need to scan a backfile of invoices or scan and index new invoices as they come in. We can help your AP department with a mix of conversion services and AP automation software solutions. Accounts Payable Automation or AP Automation is a technology system used by accounting teams to automate accounts payable invoice processes.
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