ACCOUNTS PAYABLE AUTOMATION

Affordable and cost-efficient financial solution

Accounts Payable Automation

Our Accounts Payable Solution fuses cutting edge technology with your fundamental business needs, providing an affordable and cost-efficient solution that can grow with your business. Not only does it provide a solution to costly, and outdated business processes – like manual data entry – but it is virtually immune to problems usually associated with Accounts Payable Departments. While most businesses have implemented CRM and ERP systems to manage structured data, many of them still struggle to process unstructured and semi-structured data effectively.

This is where Betasoft provide real, quantifiable value to your business. Based on intelligent workflows and configurable rules, Accounts Payable Automation reduces your operation costs by establishing processes that are both reliable and consistent. Our Accounts Payable Solution captures the necessary semi-structured data from your documents and stores it in the correct locations. We can also process the data and automate workflows that distribute the content to various branches of your business, creating an integral web of incoming information that blends seamlessly with the rest of your systems. 

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Accounts Payable Automation Process

First, documents and data are collected from multiple sources, either by paper or electronically through email. The correct information is then recognised, seperated, classified, and extracted using automated processes like OCR, ICR, IDR, and Cognitive Capture. The last step enables valuable information to be passed on to other business applications, integrating with ERP and/or CRM systems as required. Visibility is key during this process and is provided by our simple and intuitive dashboard interface, which allows you to configure and customise workflows.

Are you struggling to store and process invoices?

We can help you eradicate common business inefficiencies so that you can streamline your operations. Get in touch with us to discuss how Accounts Payable Automation can improve your business.

Accounts Payable