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Expanded Features of Kefron AP's Invoice Automation Solution

  • 2 or 3 Way PO Matching
  • Automated Non-PO Matching
  • Invoice Analytics
  • Self-Service Supplier Portal
  • Supplier Statement Reconciliation
  • User-Friendly Interface

Kefron AP offers a highly intuitive and effective solution for 2 or 3 Way Purchase Order Matching. This feature ensures seamless tracking and processing of POs, aligning with our automated invoicing solutions to facilitate accurate and efficient invoice reconciliation. It’s designed to handle the complexities of matching invoices with corresponding POs and delivery receipts, ensuring consistency and compliance in your financial transactions.

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Addressing the unique challenges of Non-PO invoice processing, Kefron AP’s robust automated system efficiently handles ad-hoc invoices. This feature is integral to our AP Automation, providing a streamlined and reliable process for managing invoices that fall outside the regular PO-based workflow, ensuring comprehensive coverage of all invoicing scenarios.

Our AP Automation solution includes a proactive Invoice Analytics dashboard, offering real-time insights into your invoice data. This powerful feature aids in strategic decision-making, providing visibility into spending trends, processing times, and supplier performance. It’s a critical tool for businesses seeking to leverage data for enhanced financial management and operational planning.

The Self-Service Supplier Portal, a key component of our AP Automation, empowers your suppliers by providing them with a streamlined, user-friendly platform. This portal facilitates better communication, invoice submission, and tracking, enhancing the overall efficiency of your accounting processes and fostering stronger supplier relationships.

Kefron AP’s Invoice Automation includes an advanced Supplier Statement Reconciliation feature. This interactive tool is essential for maintaining error-free control over your expenditure. It simplifies the reconciliation process, ensuring accuracy in matching supplier statements with corresponding invoices and payments, thereby enhancing financial integrity.

Kefron AP’s Invoice Automation Solution boasts a user-friendly interface, designed with simplicity and accessibility at its core. This intuitive interface ensures that users, regardless of their technical expertise, can navigate the system with ease. The layout is clean and straightforward, with clear labels and logical navigation paths that make it simple to find and use various features.

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Key Differences Between Manual Invoicing & Automated Invoicing

Manual Invoicing

  • Time-Consuming: Involves labour-intensive data entry, leading to potential delays.
  • Prone to Errors: Manual handling increases the risk of inaccuracies in financial records.
  • Cost Intensive: Demands additional staff hours, escalating operational expenses.
  • Operational Inefficiencies: Sluggish processing can cause payment delays and cash flow problems.
  • Data Extraction Difficulties: Gleaning strategic financial insights from manual systems is often challenging.
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Automated Invoicing

  • Enhanced Efficiency: Automated data entry significantly speeds up the invoicing process.
  • Improved Accuracy: Reduces the likelihood of errors, ensuring more reliable financial records.
  • Cost Reduction: Streamlines processes, leading to lower operational expenses.
  • Prompt Processing: Aids in timely payments, improving cash flow management.
  • Superior Analytics: Provides valuable data insights, aiding in strategic decision-making.

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Unlock the full potential of your finance department with our state-of-the-art Accounts Payable Automation solution. Say goodbye to manual errors and time-consuming tasks!

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