(PART 3) Automation is No Longer a Question of If – or When; It’s How Fast
7 Steps to Proving the Value of AP Automation for Your Business
Now we’re on to step six and the final part of our three-part blog series on the value of AP Automation.
Don’t forget to check out part one and part two!
Download the interactive PDF to follow along; fill in the blanks with your company’s statistics to help build your business case for automation.
Think about the visibility you have into your invoice approval process (the one we discussed in step four). Do you know where an invoice is at any given time? Is that information easy to find? Do you have any data about the bottlenecks in your process? If you answered ‘no,’ or hesitated to answer any of these questions, it’s time to consider AP automation.
Similarly, how easy is it for you to find an invoice related to a question or transaction you’re working on? What if it’s audit season and you need to find supporting documents; how long does that take? If your answer to any of these questions was any longer than ‘instantly,’ you could benefit from having your invoice process digital and available at your fingertips.
Step seven is when you put it all together! Think about everything you’ve considered in steps one through six— all the pain points and the exhaustion you’ve realized is caused by manual paper-based processes in your business.
Wouldn’t it be great to have complete visibility into your AP process for any member of your team? Wouldn’t it be a relief if your data was extracted automatically, and routing for approval was only a click of a button? Sounds like a dream come true, doesn’t it?
It doesn’t have to be a dream.
AP Automation for Dynamics GP
With KwikPayables Accelerate, you can improve the vision of your company’s growth and success for the future.
KwikPayables Accelerate for Dynamics GP is a cloud-based accounts payable automation solution designed with invoice workflows based on industry standards and best practices to provide a completely digital AP process from invoice capture to payment processing.
Intelligent, cloud AP automation can improve more than your invoice workflow. It can help prepare your company for growth and business continuity as well as improve visibility in your accounting and finance departments.
Here are a few benefits of KwikPayables Accelerate for Dynamics GP:
- Save time with AI-based OCR for invoice data extraction and validation
- Gain efficiency with streamlined invoice and payment approval process
- Reduce IT costs and workload with a cloud solution and no extra services fees
- Save money with usage-based pricing that scales, with unlimited invoices and users
Learn more about KwikPayables Accelerate here.
Watch the demo video below to see KwikPayables Accelerate in action.
AP Automation for D365 Business Central
SimplyAP for Dynamics 365 Business Central is a cloud-native accounts payable automation solution that provides straight-through invoices processing, from invoice capture with AI-powered OCR, purchase order matching through transaction creation in Business Central. With SimplyAP, you can transform your invoice process from manual to modern and be up and running in less than a day.
Here are a few benefits SimplyAP:
- Reduce data entry with AI-based data capture and validation with degree of confidence highlighted
- Achieve efficiency and productivity with streamlined invoice workflows, approval routing and straight-through invoice processing
- Gain 360-degree visibility of your invoices from Business Central
Learn more about SimplyAP here.
Watch the demo video below to see SimplyAP in action.
AP automation can help prepare your business for the changes, growth and ongoing adaptation to the “new normal.” It provides the sense of security that all your invoices are available to those who need them, when they need them to make decisions. It enables business continuity so that your teams can stay safe and work from anywhere.
Finally, it pays for itself quickly, typically in less than six months. Especially when resources are scarce and hiring is a challenge, AP automation minimizes the need for human interaction and builds a solid foundation for your operational efficiency. There’s no time like the present to get started on your automation journey.
If you’re ready to get started, fill out the form at the bottom of this page.