AP Automation: Results from Mid-Sized & Enterprise Companies
These 18 accounts payable automation case studies come from mid-sized and enterprise companies...
The Kefron and AccountsIQ partnership helps businesses save a lot of time by fully automating the accounts payable cycle.
AccountsIQ provides cloud accounting and real-time consolidation software for medium-sized businesses. It is accredited by the Institute of Chartered Accountants in England & Wales and was recently named UK Enterprise Accounting Software of the Year for the second year running. Users can access a full accounting system anytime, anywhere, across multiple locations, branches or subsidiaries.
Kefron AP, Kefron’s accounts payable automation solution, integrates smoothly with AccountsIQ. It digitises invoices so they are easy to process, approve and keep on record, saving a lot of time. Kefron AP captures and reads scanned or emailed documents such as invoices, receipts and bank statements. It then creates the right transactions in AccountsIQ automatically and attaches the document image, so you can view it later from within AccountsIQ.
Paul Kearns, Managing Director at Kefron comments, “We’re delighted to announce a partnership with AccountsIQ, a clear leader in cloud accounting solutions for the mid-market. This partnership means we can bring digital automation to help even more businesses increase productivity and gain better visibility and control.”
Tony Connolly, Founder and CEO of AccountsIQ explains, “Kefron shares our enthusiasm for helping organisations transform their finance functions by automating accounting processes to remove mundane data entry tasks, while driving efficiency and productivity. Kefron is a best of breed solution in its field and we look forward to working closely with the Kefron team to provide additional automation for our customers.”
Nicholas Treanor, Financial Controller, Hibernia REIT explains, “Implementing the Kefron AP solution and integrating it into our AccountsIQ group-wide finance system has delivered significant benefits to our business. The operational efficiencies we’ve achieved by leveraging the integrated solution, allows our finance team to focus on analysis and control rather than transaction processing, allowing my team to deliver more value to the business, and it is an environmentally-friendly solution too.”
AccountsIQ’s award-winning financial management and consolidation software makes it simpler for multi-location businesses to capture, process and report their results.
Today, over 4,000 businesses in 85 countries have 24/7 access to its financial management tools. These include built-in approval workflows and expenses apps, API integration with front-end systems and automated inter-company and multi-currency processing. The result is simple, accurate consolidated reporting and better business insight.
AccountsIQ won Enterprise Accounting Software of the Year for the second year running at the UK Accounting Excellence Awards. It has also been in the top half of Deloitte’s Technology Fast 50 for the past four years.
AccountsIQ is headquartered in Dublin, Ireland, with offices in London. It delivers its service from top-tier hosting sites in Europe, the USA and Australia. Visit their website for more information.