As accounts payable organizations and shared services centers work toward a new digital future, traditional priorities remain –including the reduction of invoice processing cycle times to drive down costs. If you’re like most organizations, manual data entry and poor visibility into your AP processes continue to handicap any cost-saving measures within AP, bloating invoice cycles rather than slimming them down.
Kofax Invoice Processing (IP) Agility™ is a complete, enterprise-level invoice processing solution that alleviates painful, error-prone manual steps, transforming AP processes into revenue-generating, value-added operations. It automates the capture of any invoice type, paper or electronic, to reduce manual data entry for both PO and non-PO invoices. Lower invoice processing costs once and for all by increasing the amount of data you capture per invoice and shorten cycle times with workflow tools and seamless integration to your ERP.
Cut Invoice Cycle Times to Realize True Cost Savings
Speed your invoice processing by automating the receipt of invoices, classification, data extraction and approval process. By shortening invoice cycle times you’ll be able to take advantage of supplier discounts that can also positively impact your bottom line.
Funnel Accurate Invoice Data into Your ERP Faster, Regardless of Format
Receive invoices from any source and extract invoice data at 80-90 percent accuracy without templates. Automatically deliver the information seamlessly to your ERP or pre-existing workflow tools for processing.