Invoice Automation
iDocuments: Paperless Invoice Processing
Comprehensive, Real-time Visibility
According to the Accounts Payable Association UK the average cost of processing an AP invoice for the majority of organisations is up to £8.60. If you could cut out the paperwork and automate AP processing from invoice capture through to posting to your finance system, how much could you save?
Invoice automation helps you improve spend control by providing comprehensive, real-time visibility of commitments and accruals before they happen. This gives better cash flow visibility and more accurate and timely financial reporting. KPI analysis and reporting provides real time control and management information, which helps you to run your business more effectively.
iDocuments utilises machine learning optical character recognition (OCR) technology to capture the supplier invoices quickly and accurately, automatically extracting key data into SAP Business One. This facilitates faster invoice processing, improving cycle times and compliance with supplier terms, while also creating the potential to negotiate early settlement discounts with suppliers.
A Tangible Return on Investment
Invoice data can be captured from multiple email sources and validated to avoid duplication of invoices and payments. Data is processed using an automated 3-way match for straight through processing using a powerful rules engine. Exception handling is also catered for with notifications for out of budget, tolerance rules and exception workflows.
iDocuments comes with real-time integration with SAP Business One ‘out-of-the-box’ and removes the need for duplicate data entry. Integrated invoice posting ensures your payments are timely and process compliant, reducing the risk of error and fraud. AP invoice automation is quick and easy to implement, and instantly reduces the AP workload. Processes are automated from the receipt of invoices to the processing of payments, which saves time and reduces errors.
A comprehensive audit trail and KPI reports identify performance and operational bottlenecks, which means that action can easily be taken to resolve them. Automating invoice processing with advanced solutions provides a tangible return on investment within a very short space of time.
Happy Clients and partners
Our Partners
Happy Clients and partners
Our Partners
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Our team is highly experienced with many years’ experience in both functional and technical solutions that help companies automate their processes to increase efficiency, save time and money. We love to work closely with our customers to develop mutually beneficial long-term relationships.
SAP Business One is used by manufacturers globally to help them streamline their inventories
Industry Sectors
Manufacturing
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Wholesale Distribution
Financial Services
Professional Services
Talk with one of our experts
Nick Hull - Solutions Director
Ascarii
With several years ERP experience, having worked at SAP, I have a passion for supporting companies in helping them select the right SAP technology to deliver their cloud and digital strategies to underpin their growth aspirations. At Ascarii, we care about what we deliver, and we care about our customers, which is why so many stay with us for so many years. We always want to help you to become a better run company and help you grow.
Alyn Hughes - Strategic Alliances Director
Ascarii
Having worked within the ERP community for nearly 20 years, I can advise you on what solutions from SAP can help you achieve your strategic goals. Whether you are looking for additional functionality or a view from one version of the truth, we are in a strong position to help you.
If you want your business to grow but find your existing systems are holding you back, please contact me and I will be happy to help you.