Invoice Automation Software To Accelerate Invoice Processing
Tools for your accounts payable function to work smarter, not harder.
Invoicing Processing Automation
You receive thousands of invoices per day and keying this data into various systems is a high-touch, time-consuming activity. Those who have invested in invoice automation can process in less than one-fifth the time it takes peers who process invoices manually. Now is the time to adopt capabilities that seamlessly ingest invoice data across multiple channels so you can manage your end-to-end AP workflows with ease.
Accelerate invoice collection and processing
Allow invoices to be submitted, received, reviewed, exchanged or approved, regardless of input channel.
Connect enterprise systems and streamline incoming data
Connect business-critical ERP and procurement systems, workflows and data with pre-packaged connectors and APIs.
Manage end-to-end workflows with one provider
Collaborate and quickly resolve exceptions and approvals while gaining greater transparency into how invoicing processes are executed.
Drive a More Efficient Invoicing Process
Breakdown silos with seamless integration
Connect to business-critical systems, workflows and data with pre-packaged connectors and APIs. Kofax supports integration with any ERP and has standard connectors for Microsoft Dynamics, SAP 4/HANA, Coup, NetSuite, and Oracle® EBS and many more well-established brands.
Automate document processing with AI
Digitize, classify, make decisions and extract data from invoices in real-time. Our purpose-built AI can manage structured and unstructured invoice data, no matter its layout or form. Batch processing and multi-page invoices are supported.
Future proof your business and AP functions
Equip the accounts payable function to more rapidly provide management the information needed to drive strategic decision making related to cash management, working capital management and business health.
World-Class Invoice Automation
Multi-Channel Invoice Capture
Accommodate the many different channels your suppliers elect to send data through, XML format, scanned, paper-based or PDF.
Purpose-Built AI
AI mimics the way a traditional processor would think and problem-solve to do things like understanding an invoice layout and determining where the right information is, no matter what format the data is in.
Electronic Invoicing
Keep pace with growing global mandates to adopt electronic invoicing.
Workflow Automation
Automatically manage approval workflows and route exceptions for review while maintaining a data trail of all handoffs between people and automation.
KPI/SLA Management
Track and manage key performance indicators and SLAs associated with your invoicing process to gain insight into how work is getting done, where money is being spent and why.
ERP Integration
Leverage out-of-the-box integration to route validated data into your existing ERP systems and positively impact ROI without having to embark upon expensive custom integration projects.
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