Maximising Operational Performance With Automated Invoicing
Auto Invoice Manager Pricing
As Finance Executive, you recognise the importance of streamlining accounts payables operations to maximise efficiency. Automating processes such as invoice recognition, processing, and payment accelerates these processes, eliminates human errors, and creates more cost-effective environment. Softwaresuch as Auto Invoice Manager Pricing (AIM) automates the accounts payable process, reducing manual intervention and can increase operational performance.
Reduce Manual InterventionManual data entry of customer invoices wastes employee resources and is subject to human error. Each invoice undergoes data cleansing and logical checks, after which the information is either rejected or published for further processing. AIM operates on pre-set rules, which allow for the automated recognition of invoices, capturing the essential information and ensuring the data is correct. Invoices that pass all the checks will be processed for payment without single keystroke.
Invoice ProcessingThe expenses incurred by company can vary widely, from regular purchases from key partners to one-off or ad-hoc purchases. All invoices, no matter the payment method, input process or vendor, require unique ledger account. To save time and ensure accuracy, AIM automatically creates personalised accounts for each supplier. Automation improves both time and accuracy, as it allows information to be checked accurately and transferred accurately and quickly.
The Right Data at the Right TimeThrough the automation process, AIM captures the necessary data, such as due date and amount, and makes it available in timely manner. AIM provides complete visibility and access to the data, whenever and wherever needed. Even accounting procedures can be automated with pertinent remittance advice being sent to vendors quickly. Without the need for manual input, data is available for analysis more quickly and allows for decisions to be made in timely manner
Savings on CostAIM optimises efficiency by driving quality and productivity gains, allowing for reduction in associated costs. Managers can monitor costs, investments and compliance more often, gaining better view of their accounts receivable and payables.
By automating the accounts payable process using AIM, Finance Executives can identify the essential data and quickly process for payment. By understanding the key features of AIM, the accounts payable process can become efficient and allow business to free up resources and improve operational performance.
