Automated and intelligent invoice processing
Unanet Invoice AP Automation is an ERP AE native solution that harnesses the power of artificial intelligence to process AP invoices and control payment workflows. With AP Automation, your firm will experience increased productivity, greater financial control, and improved vendor relationships.
Access our AP Automation Video Tour and ROI Calculator
Key Benefits of AP Automation
Improve Operational Efficiency
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Optimize working capital with less time spent on inputting invoices
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Reduced time spent looking for matching purchase orders
Greater Financial Control
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Less risk of input errors and duplicate entries
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Meet favorable payment terms with ease
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Ensure audit ready AP accounting
Improved Vendor Relationships
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Maximize early pay discounts
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Decrease late payments
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Automatically identify invoice to purchase order discrepancies
Introducing a modern approach to Accounts Payables
Managing Accounts Payable used to mean countless hours of manually inputting invoices, searching for matching purchase orders, and double-checking whether an invoice had been paid. This process is not only error prone and time consuming, but it also puts a strain on the relationship with your vendors. This lack of control puts firms at risk.
500+
Average time firms spend annually on Accounts Payable43%
of CFO’s cited a significant reduction in the time it takes to pay an invoice after automating AP93%
of companies believe their current AP processes are not efficient enough54%
of CFO’s want more automation for Accounts Payable
The Unanet Advantage
Automated and Intelligent Invoicing Scanning and Payment Workflows
Unanet's AP Automation removes the risk and burden of a legacy account's payables process, and establishes a streamlined and controlled Invoice to Payment system. Integrated into Unanet AE ERP, and paired with Unanet AR Automation, your firm can optimize its cash-flow and its operations from one central location.
Key Features:
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Automated Invoice Ingestion & Intelligent Field Mapping
Automatically ingest and map unstructured invoices to their appropriate accounting fields -
Data Validation
Automated audit system that safeguards against duplicate invoice entries and automatically match purchase orders to invoices. -
Approval Workflow and Notifications
Users are notified via email when invoices are uploaded into the system and ready for review -
Dashboard Metrics
Detailed invoice upload status report, depicting processed, in progress, ready to review, and potential duplicates.
