Achieving Efficiency in Invoice Processing
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Processing Time Saved
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Paper-Free AP Process
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Invoice Approvals
About Dentex
AccountsIQ ERP System
12000 invoices per month
Reconciling over 200 bank accounts
Streamlined Invoice Processing with Kefron AP and AccountsIQ
Without the Kefron AP and AccountsIQ integration, we would need to grow our AP team in line with the rate of acquisition. It wouldn’t be sustainable.”
John Aram
AP Manager
AccountsIQ is a very easy system to use; easy to set up suppliers, invoice processing, process payments. AccountsIQ and Kefron AP work nicely together. A simple integration key allows both products to synchronise smoothly.”
John Aram
AP Manager
Kefron AP is popular with all our approvers because of the visibility they’ve got over the invoice processing history. The integration means that, once approved, it is automatically uploaded into AccountsIQ.”
John Aram
AP Manager
The automated Bank Reconciliation process is really easy; instead of manipulating the data to find discrepancies, we download a csv file from the bank and AccountsIQ works its magic.”
John Aram
AP Manager
Navigating Administrative Challenges with a Xero Alternative
Invoice Processing Challenges
Dentex’s expansion brought both opportunities and challenges; as they transitioned business administration to their corporate model, the company faced the task of assimilating each new practice as an individual entity with distinct financials. This high-growth phase required the AP team to tackle invoice processing for over 12,000 invoices, streamline accounting for numerous entities, quickly onboard new practices, scale the back-office efficiently, and reconcile in excess of 200 bank accounts annually.
Accelerating Expansion with AccountsIQ and Kefron AP
The adoption of AccountsIQ provided a standardised system for Dentex, accelerating its expansion and enhancing streamlined accounting. Kefron AP’s automated invoice processing technology reduced times by a third and its integration with AccountsIQ allowed for efficient management of multiple entities. This strategic partnership has improved operational efficiency and supported large-scale invoice capture and analytics, fuelling further growth.
Maximising Efficiency: Leap with a Xero Alternative
In this enhanced setup, the Xero alternative, AccountsIQ, paired with Kefron AP’s invoice processing system, has achieved a notable 30% processing time reduction, facilitating a fully paperless AP workflow. This collaboration underscores the streamlined accounting capabilities through its quick onboarding feature and automated reconciliation for a vast number of accounts, showcasing the scalable and integrated strengths of both systems.
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