Accounts Payable Automation

Available from DocuPhase

Product Details

Accounts Payable Automation (Click to enlarge image) Made for busy finance teams, DocuPhase’s AP automation and integrated vendor payment solution simplifies your procure-to-pay process from start to finish. Trust DocuPhase’s automated P.O. match technology to help you move invoices from approval to payment with minimal need for manual intervention. Best of all, DocuPhase’s all-in-one platform provides you with the visibility you need to conquer audits and manage approvals with ease, offering you peace of mind and time back in your day to focus on strategy.

- Instantly Extract Data
Optical Character Recognition (OCR) significantly reduces the need for manual data entry by accurately extracting and indexing invoice information into your system, achieving a 99.99%
accuracy rate at the invoice level.

- Search Effortlessly
With all your invoices in one digital filing cabinet, you can easily search and access information in seconds, making audit stress a thing of the past.

- Streamline Approvals
With little to no automation, it takes the average AP department over two weeks to process an invoice. With DocuPhase, that average drops to four days. Rule-based routing and
reminders speed up the approval process, all without the worry of lost or late invoices tracked via paper and email.

- Connect Your ERP
Seamless integration with your accounting systems helps you ensure your data is accurate and consistent across platforms, without the need for duplicate data entry.

- PO Automation
Easily create your own web-based purchase order forms and approval workflows using simple drag-and-drop tools. Your POs are then automatically validated via two, three, and four-
way matching, allowing you to focus your efforts on managing exceptions.

- Vendor Onboarding
Set aside concerns about the daunting task of vendor onboarding. An integrated vendor portal empowers vendors to complete their onboarding independently, and ensures secure and
hassle-free payments from your end.

- Payment Automation
Schedule payments in advance to ensure payments are made on-time every time, so your team can bring in more early-payment discounts and rebates.

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