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Kefron AP combines AI-powered automation with 99% data accuracy to eliminate manual work, reduce errors, and give you total control over your AP process.
In your personalised demo, we’ll show you exactly how much of your process can be automated, where the friction points are, and the ROI you could unlock with AP Automation for Automotive Businesses.
FAQ
What are the biggest finance challenges for tire distributors?
The biggest finance challenges for tire distributors include high-volume invoice processing, manual accounts payable workflows, multi-location financial coordination, and limited visibility into cash flow and liabilities. These issues can lead to slow approvals, increased errors, strained supplier relationships, and compliance risks. As tire distributors scale, these challenges often worsen without automation to streamline processes and improve accuracy.
How does AP automation benefit the tire industry?
AP automation benefits the tire industry by digitising and streamlining accounts payable processes. It enables tire distributors to process invoices faster, achieve 99%+ data accuracy, and automate 2- and 3-way PO matching. Automation reduces manual errors, accelerates approvals, improves cash flow, and provides real-time visibility into finance operations, essential for managing multi-location businesses efficiently.
Why is invoice processing a major bottleneck for tire distributors?
Invoice processing becomes a bottleneck for tire distributors due to high invoice volumes from diverse suppliers and complex multi-location operations. Manual processes often involve paper invoices, email approvals, and data entry, which slow down approvals and increase the risk of errors and duplicate payments. Without automation, finance teams struggle to keep up, leading to cash flow delays and operational inefficiencies.
Can AP automation integrate with my existing ERP system?
Yes, modern Automotive AP automation solutions are designed to be ERP-agnostic. They seamlessly integrate with popular ERP systems like NetSuite, Sage, Microsoft Dynamics, and others. This ensures that tire distributors can automate invoice processing and approvals without overhauling their existing finance infrastructure, enabling smooth adoption and quick ROI.
What’s the ROI of AP automation for tire distributors?
The ROI of AP automation for tire distributors is typically fast and measurable. Companies report reducing invoice processing costs by up to 67%, cutting approval times by 50–70%, and achieving near-perfect data accuracy. This leads to better supplier relationships, improved compliance, and the ability to scale finance operations without adding headcount. Most distributors see full ROI within 12 months of implementation.