AP Automation: Results from Mid-Sized & Enterprise Companies
These 18 accounts payable automation case studies come from mid-sized and enterprise companies...
Accounts payable (AP) and invoice management are changing fast. The partnership between Oracle Fusion and Kefron is helping AP teams work faster and more simply with Oracle automation.
So why are Oracle Fusion users moving away from Oracle Intelligent Document Recognition (IDR)? Below, we look at the challenges AP teams face and how Oracle Fusion and Kefron together could be the fresh approach your business needs.
What is Oracle Fusion Intelligent Document Recognition and What Does It Do?
Oracle Intelligent Document Recognition (IDR) is designed to capture and process data from documents like invoices, receipts and purchase orders. It uses optical character recognition (OCR) and machine learning to pull out key information.
Oracle IDR aims to cut manual data entry and errors, but it has clear limits. Users report it is hard to customise and struggles with complex invoice layouts. Its preset options and limited visibility can also make problems hard to fix. As a result, many businesses look for more flexible, easier alternatives, such as Kefron AP, which is tailored to their needs.
Challenges Facing AP Teams Today
A recent survey by Ardent Partners asked AP teams about their biggest challenges:
- 47% say invoice approvals/payments take too long.
- 45% say the time spent managing exceptions.
- 23% say late payments.
- 23% say high invoice processing costs.
Ardent Partners also found that the average cost of processing an invoice by hand rose by 10% in 12 months, to £8.18. Kefron AP, integrated with Oracle Fusion, helps solve these problems and cut costs through automation.
The Kefron Approach: A Phased Journey to Success
Kefron takes a step-by-step approach to invoice management. It starts when an invoice arrives and moves through advanced data extraction, validation and matching. Our own API is built to move data smoothly into Oracle Fusion, giving you a strong, reliable connection.
What’s the difference between Kefron AP and Oracle IDR?
Kefron AP and Oracle IDR take different approaches to AP automation. Kefron AP works alongside Oracle Fusion, which is why many customers are moving away from Oracle IDR. Here is how Kefron AP stands out as a managed service that tackles key AP challenges:
Managed Service Expertise
Kefron AP is a managed service that extracts information directly from your invoices. Our team trains and fine-tunes the solution for the best accuracy. That means you avoid the daily admin and technical upkeep that comes with most invoice automation tools. Read more about the hidden realities of invoice automation software.
Bespoke Workflow Functionality
Kefron’s workflows are built around AP. They aren’t one-size-fits-all. We tailor them to your business, your needs and your challenges. Oracle IDR has some preset options, but limited visibility can make problems hard to solve.
Excellence in Touch-Free Processing
Touchless invoice processing is the gold standard, and it is where Kefron excels. Ardent Partners calls 50% touchless processing “best in class”. Kefron customers regularly reach 80%+ touchless invoicing. This comes from our highly accurate data extraction. We show you clear data on your touchless rate, so you know exactly how well the system is working. We also meet with you every month to find bottlenecks and the suppliers causing the most issues, so your touchless rate keeps rising.
Customised configuration for precision
Oracle IDR is a more general solution. Kefron sets up the platform for your business. Your AP challenges are unique, so we configure the system to tackle them. We work closely with you to find problems and pain points. Our experts handle the set-up, so you don’t have to work through the documentation yourself.
User-Centric Interface for Enhanced Adoption
A smooth user experience helps people adopt a new system quickly. As an Oracle Fusion user, you have already invested a lot in your set-up. Kefron AP has an easy-to-use interface built for AP teams, so onboarding is simple and daily use is easy.
Kefron AP stands out in a crowded AP automation market. Oracle IDR has its strengths. But Kefron’s tailored service, ongoing optimisation and close integration with Oracle Fusion set it apart. As businesses rethink their AP strategies, they are choosing solutions that fit how they work and grow.
Kefron AP experience compared to Oracle IDR
Businesses are always under pressure to save money and work more efficiently. Many users have found that switching to Kefron AP for invoice validation and automation made a real difference. One user said:
“In a time where there is constant pressure to save costs and improve efficiency, moving to Kefron as our AP invoice validation and invoice automation supplier has been a game changer for us. Kefron works well with Oracle Fusion and we found Kefron staff to be very knowledgeable and easy to work with.”
This feedback shows how well Kefron AP integrates with Oracle Fusion, which matters for any business that relies on its ERP. Kefron’s knowledgeable team also makes set-up smooth and keeps improving the system over time. Strong technical fit plus expert support makes Kefron AP a valuable partner for Oracle automation.
Another user points to the efficiency gains from the system’s adaptive learning:
“The system’s adaptive learning of supplier invoice templates ensures a continuous increase in touch-free invoice processing.”
Kefron AP learns different invoice layouts over time. This improves accuracy and reduces manual work. The result is more touch-free processing, faster invoice handling, fewer errors and real time savings.
Moving from Oracle IDR to Kefron AP shows what Kefron can do for invoice automation. Users value the efficiency and cost savings that come from its Oracle Fusion integration. Its ability to keep improving and to handle many invoice layouts makes Kefron AP a strong choice for Oracle automation.
Final Thoughts on Oracle Fusion and Kefron AP Integration
Oracle IDR does some things well. But for AP teams that want a tailored, managed service that keeps improving, Kefron AP with Oracle Fusion is a strong fit.
Users who have made the switch point to better efficiency, lower costs and reliable handling of complex invoices.
Businesses keep looking for ways to boost productivity and cut costs. Oracle Fusion and Kefron AP together offer a strong approach to AP automation. You get more touch-free processing, greater accuracy and real time savings, which helps your business grow.
