Experience AI Invoice Automation First-Hand
Unlock the full potential of AI invoice automation. Streamline your invoice processing, reduce costly errors, and allow your team to focus on more strategic, high-value tasks that drive your business forward.
Our AI invoice processing solution is designed to ensure smooth, accurate, and efficient accounts payable operations. Whether you're managing a high volume of invoices or looking to optimise existing processes, our technology adapts to your needs seamlessly.
Test our AI with your invoices today and discover how our AI invoice automation can revolutionise your workflow, enhancing productivity and accuracy across the board.
What Sets Kefron’s AI-Powered Invoice Automation Apart?
At Kefron, we have integrated AI invoice processing into our accounts payable automation, recognising both its strengths and limitations to optimise our solution for clients.
Kefron AP stands out by combining AI-powered AP automation with the expertise of our seasoned invoice software engineers. While AI excels at repetitive tasks, its ability to understand context and manage exceptions is limited.
To address this, we blend the speed and accuracy of AI with human intelligence, resulting in a superior approach to automated accounts payable.
This synergy has proven to boost extraction rates, enhance our invoice AI capabilities, minimise manual data entry, and deliver faster processing times for our clients.
Key Benefits of AI Invoice Automation
Increased Efficiency and Speed
AI-powered invoice automation significantly reduces manual data entry and processing time, speeding up the overall accounts payable workflow.
Improved Accuracy
AI technology minimises errors associated with manual input, ensuring that invoices are processed with high accuracy and reducing costly mistakes.
Cost Savings
By automating repetitive tasks, companies can reduce labour costs related to manual invoice processing, leading to substantial savings.
Enhanced Compliance and Auditability
AI automation ensures that all invoices are processed in line with company policies and regulations, making it easier to maintain compliance and carry out audits.
Improved Supplier Relationships
Faster and more accurate invoice processing leads to timely payments, which can improve relationships with suppliers and enable better terms.
Real-Time Analytics and Insights
AI-powered systems provide real-time data and analytics on invoice processing, allowing for better decision-making and financial forecasting.
Scalability
AI invoice automation systems can easily scale with your business, handling increasing volumes of invoices without the need for additional resources.
Enhanced Security
Automated systems often come with advanced security features that help protect sensitive financial data from fraud and unauthorised access.
Key Features of AI Invoice Automation
PO & Non-PO Invoice Processing
The system efficiently handles both purchase order (PO) and non-PO invoices, ensuring accurate processing across different types of transactions. This capability is crucial for maintaining financial accuracy in AI-powered invoice processing.
Automated Three-Way Matching
The solution automates the three-way matching process by comparing the invoice, purchase order, and goods receipt. This ensures consistency and accuracy before payment, significantly reducing the risk of discrepancies in AI invoice processing.
Customisable Invoice Approval Workflow
Users can create bespoke approval workflows that align with their internal processes. This ensures that the right people approve invoices at the right time, improving governance and control within AI-powered AP automation.
Real-Time Invoice Tracking
The platform provides real-time tracking of invoice statuses, offering finance teams full visibility into where each invoice stands in the processing pipeline. This enhances transparency and accountability in AI invoice automation.
ERP Integration
Seamless integration with existing ERP systems allows for synchronised data flow. This reduces manual data entry and ensures that all financial information is up-to-date and accurate in the AI-powered invoice processing system.
Intelligent Invoice Classification
Invoices are automatically classified based on predefined criteria, ensuring they are routed to the correct workflow or approval chain. This improves processing efficiency within AI-powered AP automation.
Configurable Business Rules
Finance teams can configure specific business rules within the system to ensure that invoices meet their unique processing requirements before they are approved. This feature supports the flexibility and customisation in AI invoice automation.
Multi-Entity and Multi-Country Support
The platform supports processing for multiple entities and across different countries, enabling finance teams to manage global operations from a single system. This feature is particularly valuable for multinational organisations using AI-powered invoice processing.
Experience the Power of AI-Powered Invoice Processing
Discover how these cutting-edge features can revolutionise your finance operations. Ready to see the benefits in action? Test our AI-powered invoice automation today and transform your accounts payable process with unparalleled efficiency and accuracy!
Why Finance Teams Trust Kefron's AI-Powered AP Automation
“AP was our most manual and fragmented process across finance, and Kefron AP provided a solution that drove AI-powered AP automation while integrating with our new ERP system. AI Invoice Automation saves time, streamlines staff onboarding, and increases reporting accuracy.”
-Implellam
“We wanted to grow through acquisition while reducing the need for hiring staff for mundane tasks like processing supplier invoices. Kefron AP extracts 99% of the data accurately on the first attempt from accounts payable supplier invoices, showcasing the efficiency of AI Invoice Processing.”
-Kingspan
“Our invoices flow automatically through the process and arrive coded as ‘approval in progress.’ We use ‘live data’ to ensure continued service, even during enforced home working. This is where Kefron AP really comes into its own, thanks to its AI Invoice Automation capabilities—something we could not have achieved with a paper-based invoicing system.”
– Wales & West Housing
“Kefron AP allows our finance team to focus on more value-add activities. The AI-powered AP automation and API connection with our ERP streamline what was previously a very ‘key-stroke heavy’ process. It also provides management with additional real-time data analytics and insights into creditor days and payment terms at the click of a button.”
– The Irish Times
See the Future of Invoice Automation in Action. Schedule a Demo Today and Discover How Kefron’s AI-Powered Solutions Can Transform Your Accounts Payable Process!
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