AP Automation Business Case
Move from consideration to measurable ROI with this AP Automation Business Case.
Inside, you’ll uncover the key checkpoints to assess whether automation is right for your organisation, break down how time is currently spent on AP tasks, and explore ways to maximise efficiency. You’ll also learn how to calculate the return on investment and position your AP department as a strategic contributor to business performance.
Why Automate?
- Strengthen Supplier Relations
- Reduce Human Error
- Save Time And Costs
- Prevent Fraudulent Activity
- Reconcile Payments in Minutes
- Connect your Finance System
Self-Service Portal
OurSelf-service portal empowers suppliers to manage their invoice requests and gain insight into invoice progress.
Suppliers can log-in to view progress of specific outstanding invoices, log or answer queries, and avoid having to make calls.
Touchless invoice process
Our in-house Dynamic Data Capture technology provides exceptionally accurate data extraction for a touch free payment process that makes AP Invoice Automation solution a no-brainer.
Return on Investment
Kefron AP offers a simple volume-based price plan for unlimited users so hitting a real ROI is achievable within months.
Custom Workflows
Receive in-app notifications of discrepancies unique to your business including missing information for stringent verification.
Supplier Statement Reconciliation
Digitally cross-reference payments and statements on-screen to easily and quickly minimise payment errors.
ERP Integration
With full integration to a range of accounting systems, you can be sure that your finance tech stack works in harmony for efficient payments.
Kefron’s solution includes AP automation and e-invoicing globally. Kefron AP reduces time to pay suppliers, makes training for our own staff easier and provides more clarity and accuracy on reporting.”
Stephanie Riera
Group Director of Finance & Transformation
We wanted to grow through acquisition while reducing the need for hiring staff, mundane work like processing supplier invoices. Kefron AP extracts 99% of the data first time off accounts payable supplier invoices.”
Tomasz Sobczyk
IT Project Manager
AP was our most manual and fragmented process across finance and Kefron AP provided a solution that drove AP automation, while integrating to our new ERP system. AP Invoice Automation saves time, streamlines staff onboarding and increases reporting accuracy.”
Paul McMahon
Head of Finance Transformation
Kefron AP allows our finance team to focus on more value add activities. The API connection with AccountsIQ streamlines what was previously a very ‘key-stroke heavy’ process. It also provides management with additional real-time data analytics and insight into creditor days and payment terms at a click of a button.”
FAQ
What is AP Automation Business Case?
AP Automation Business Case refers to the rationale and strategic approach behind implementing accounts payable automation in an organization. It encompasses the benefits, cost-savings, efficiency gains, and strategic advantages of adopting AP automation.
Why is building a business case for AP Automation important?
Building a business case for AP Automation is crucial for securing buy-in from stakeholders, understanding the financial and operational impacts, and ensuring a smooth and successful implementation.
What are the key components of an AP Automation Business Case?
Key components include a cost-benefit analysis, an overview of process improvements, risk assessment, projected ROI, and a roadmap for implementation.
How can I start building an AP Automation Business Case?
Begin by assessing your current AP processes, identify areas for improvement, calculate potential savings, and consider the strategic benefits automation can bring to your business.
AP Automation Business Case
The Game-Changer for Your AP Department
Discover the transformative power of AP Automation in our comprehensive guide, focusing on building a strong AP Automation Business Case. Delve into expert insights and strategic frameworks essential for this transformation.
Empower your AP Department to shift from a supporting role to a key driver of business excellence. Equip, transform, and lead your organization to new heights with confidence.
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