Accounts Payable

View webinar on-demand: Accounts Payable capture and approval workflow, What to expect?

 

Manually handled, an invoice can costs between $15 to $50 to process. Double payments, lost invoices, lack of transparency along the process, high cost and time-intensive processes, are all problems related to manually entering the information into any ERP system.

When competition is rough, companies look for ways to improve efficiency, reduce cost, limit process cycles and eliminate errors. By automating the entire process of invoice processing, eFLOW for AP answers all these needs, while improving business relationships with suppliers, and enabling you to enjoy early payment benefits.

eFLOW is designed to work with various ERP, finance and purchasing systems, allowing organizations to retain and exploit the inherent value in their workflow and legacy systems.

Seamlessly integrating with any financial workflow and ERP systems such as SAP, Oracle and JD Edwards, eFLOW provides support throughout the entire invoice processing. eFLOW captures and classifies all kinds of information in paper or electronic formats. Line items are extracted and interpreted in both single and multi-page invoices.

A complete automated process - from purchase to payment

Over the years, it has become increasingly clear that the integration of data capture solutions with financial workflow systems plays a key role in deciding on an integrated business software solution.

We have developed a profound understanding of the needs and requirements of finance departments, the routines associated with accounts payable, and the invoice processing of many organizations all over the world. Based on this knowledge, we designed a comprehensive business software suite for invoice processing. The eFLOW suite provides a complete Accounts Payable and Receivable document classification, approval, and validation solution.

With eFLOW for AP, our clients are able to enlarge their capabilities and to manage their AP processes and invoice resolution in an efficient, productive, automated manner.

What's in it for you?

With eFLOW, your Accounts Payable department will benefit from:

• Efficient and auditable invoice capture
• Early payment discounts
• The elimination of unnecessary late fees 
• Reduced paper handling, archiving and retrieving
• Better supplier relationships through rapid process and payment terms

eFLOW Ability - a complete SAP-based solution

Based on vast experience in deploying AP solutions in complex SAP environments, we have introduced eFLOW Ability, a complete SAP-based solution. eFLOW Ability is an extensive entry module into SAP systems for automated parking, approval and posting of invoices and any other document within SAP systems.

Using it, one's invoice processing is freed from tedious, lengthy, non-value adding tasks, such as:

• Keying-in the information from invoices
• Matching the data against order and vendor data
• Forwarding the hard copy via internal mail
• Creating multiple duplications

In addition to a seamless integration and a single point of entry into SAP systems, eFLOW Ability offers a complete SAP-oriented business workflow and Accounts Payable and Accounts Receivable document processing, approval, and validation solution. This allows for an automated financial capture solution for invoices and purchase orders.

Serving as the control centre for the accounts payable representative within SAP, eFLOW Ability provides maximum transparency of the entire process, reducing errors and increasing financial reporting accuracy and compliance.  

View webinar on-demand: Accounts Payable capture and approval workflow, What to expect?

---

Information request form

First name *		Last Name *
Company *		Job title *
Country *		Phone *
Email *		Enter the code as it is shown *
	Fields Marked with an asterisk (*) are required