Inspyrus AP Automation Services
Finally almost fully automate invoicing for streamlined Accounts Payable and invoice processing
Processing invoices remains an inefficient, error-prone, and lengthy undertaking, despite advances in Cloud technology. Most Cloud-based legacy invoicing systems still can only automate about 20% of key AP tasks. TekStream’s Inspyrus AP automation services allows you to finally automate over 90% of AP operations for a simpler invoicing process from start to finish– all using a software that integrates with your ERP system in real time.
About Our AP Automation Services:
TekStream’s Inspyrus AP automation services offer end-to-end process automation for your AP operations. Rather than being forced to rely on manual data-entry, your company can shorten processing cycles using cutting-edge image capture and data-entry technology. Key functions will be carried out independently on the system, so AP operations are completed more quickly and with fewer errors–which leads to higher returns for your business. AP automation revolutionizes Accounts Payable management by:
- Automating an average of 90% of AP operations
- Integrating processes with ERP in real time
- Configuring business rules to increase automation flexibility without disrupting the way you do business
- Creating streamlined and unified workflows for non-PO invoices, 2/3-way PO invoices, check requests, credit memos, freight invoices, and exception handling
- Enabling and enforcing process standardization
- Balancing workloads
- Increasing compliance while creating a simple audit trail
- Providing instant access to information on invoices, payments, discounts, penalties, suppliers, PO coverage, cycle time, user workloads, and user delays
- Consolidating reporting across all processes and ERPs for better data
AP processing remains one of the most frustrating functions for businesses across almost every industry, and few solutions provide much functionality to reduce that burden. This often is due to the demands of data entry and reliance on employee action to push the process forward. Inspyrus’ Invoice Automation technology automates both data capture and process, so AP operations are completed more efficiently. This leads to an average of three times the cost savings previously available. In addition, the integrated nature of TekStream’s AP automation technology allows you to better see the big picture of what’s happening in your business at any time.