AgileAP |

AgileAP

Achieve Accounts Payable Excellence with Optimized Invoice Processing

Top Accounts Payable Process Challenges

Approvers / Stakeholders take too long

19%

Data errors and discrepancies causing process delays

20%

Automation solution is not user friendly

20%

It is difficult to modify our process when needed

Invoice exceptions causing process delays

25%

Too much manual data entry

25%

Too many paper documents and files

26%

Issues As A Result Of Delayed Process

I don't know

Negative credit rating

Contract cancellations

15%

Penalties or fines

15%

Damaged vendor / supplier relationship

20%

Delayed delivery of goods or services from vendor / supplier

25%

Stress on AP team

27%

None of the above. Our payment and processes are rarely delayed.

40%

These challenges can create significant process and payment delays that negatively affect the business. When asked what issues their organization had experienced over the previous 12 months, respondents cited stress, delayed delivery of goods and services, and damaged vendor relationships as the top consequences of inefficient invoice and payment processing. However, a significant portion of accounts payable organizations claim their payments and processes are rarely delayed. Those respondents were split equally between manual and automated organizations.

accounts payable automation

AUTOMATE INVOICE RECEIPT

Whether you receive most invoices on paper or already exploit e-invoicing, AgileAP leads the industry in automating the multichannel receipt and validation of PO and non-PO invoices.

STREAMLINE AP WORKFLOWS

AgileAP solution drastically cuts time and cost from the AP approval cycle and accelerates issue resolution.

INTEGRATE QUICKLY AND EFFICIENTLY WITH ERP SYSTEMS

AgileAP solution integrates efficiently and securely to any ERP, so you avoid re-keying, error and fraud.

LEVERAGE ANALYTICS FOR VISIBILITY AND INSIGHT INTO KEY PERFORMANCE AREAS

Use analytics data to take actions to improve financial performance and bottom line results. Measure and assess productivity, optimize cash management, enhance vendor interactions and enforce compliance.

ENHANCE INTERACTIONS WITH SELF-SERVICE VENDOR PORTAL

Self-service invoice submission significantly reduces costs for vendors and buyers. Vendors eliminate the costs, labour and delays associated with invoice printing and mailing. Vendors also eliminate the risk of payment delays due to lags in invoice receipt. Buyers eliminate mailroom costs of invoice receipt, handling, sorting and scanning. As an added benefit, both vendor and buyer achieve increased invoice accuracy while reducing their impact on the environment.

Complete Accounts Payable Solution and Payment Automation

Activants Accounts Payable Automation Enables You To

Reduce error, improve visibility and increase efficiency
Adherence to compliance and better governance
Easy to use and accessible though mobile devices
Web-based system, scalable functions and performance
Seemless integration with Active Directory, SharePoint and other third party systems