With fluctuating volumes of invoices arriving in every possible format, manual keying of data into systems and inefficient approval workflows, the probability of errors, lost documents and non-compliance is high.
Fortunately, the benefits of accounts payable automation are proven and documented for companies small and large. Major reductions in invoice processing cycle times and costs, near total visibility into documentation and metrics and seamless ERP integration are creating hyper-efficient AP departments that are also strategic hubs of business intelligence.
Save
Reduce invoice processing costs by as much as 80 percent by taking advantage of early payment discounts and reallocating staff.
Accelerate
Optimize productivity and make invoice processing up to 71 percent faster with capture and workflow solutions.
Analyze
Analytics offer total visibility into performance and process metrics, so AP can offer insights into business critical data, see where bottlenecks are occurring and catch potential problems early.
Integrate
Capture and workflow solutions work with and within any ERP system or multiple systems to create truly seamless processing.
Helping Clients Succeed
We estimate that productivity per person has increased by as much as 400% with Kapow. We have been able to reallocate three FTEs from invoice processing to other areas, and we currently run with a team of just five people, which is helping us to keep operating costs low.
Power Strategic Accounts Payable Optimization
Improving the efficiency of your invoice processing is just a jumping off point to a new, more strategic role for your AP department. When optimized productivity is matched with information clarity, AP has the tools to transform into a business intelligence powerhouse.