Our cloud-based technology will capture and verify key information from paper or digital invoices. This is then either posted directly into your company accountancy software, or alternatively a CSV file is created for easy upload.
Furthermore, we are able to implement workflows and approval processes in order to suit your current procedures.
To see a free live demonstration of our Accounts Payable Automation solution, Book a Demonstration. We will listen and understand your current practices and use this information gathered to suggest the best solution for you.
Our simple scanning and software solution digitises invoices for easier approval processing and record keeping. Whether your invoices arrive by post, fax or email and no matter how the invoice has been designed, they can be processed within minutes of arriving.
The automatic upload of invoice information will free up your accounts team’s time and allow them to focus on other challenges.
TIME AND COST SAVINGS
The impact of data capture and workflow brought about through our solution can improve processing times as much as 80% and decrease costs by 67%.
Data capture automation eliminates manual keying of information from the process and in doing so significantly decreases errors associated with human touch points.
IMPROVED VISIBILITY AND CONTROL
The application provides complete and instant visibility to anyone authorised to view it. This increased visibility drives accountability and provides greater control on the AP process.
NO MORE MISSING FILES
Businesses that have adopted accounts payable automation technology reported 38% fewer duplicate invoices and 58% fewer lost or misfiled.
CAN BE USED ANYWHERE
Functionality across a range of devices such as smartphones, laptops or tablets, means you can process and approve your invoices wherever you are.
SECURE CLOUD-BASED TECHNOLOGY
Kefron’s Automated Accounts Payable service is available as a cloud-based platform for the management of data and document processing, automated workflow and throughout to your company accounting software. With ISO 27001 Information Security accreditation, Kefron’s cloud platform offers secure 24/7 processing and complete scalability.
SaaS (Software as a Service) applications have gained particular ground due to the inherent qualities of software that is owned, delivered and managed remotely by one provider. This is beneficial to our customers because it ensures:
EASE OF DEPLOYMENT
Applications are easier to get up and running because there is no hardware to buy or infrastructure to set up and configure.
Applications can expand as the number of users grow, enabling the organisation to start off small and enlarge as its business grows
The service does not require upfront capital expenditure, so it is easier to accommodate existing budgets, or budget constraints
The SaaS based applications require a browser interface, which makes the technology available at multiple locations
TECHNOLOGY OF THE FUTURE
According to a Gartner report, “95% of organisations expect to maintain or increase their investments in SaaS throughout 2015”
Unlike other companies, we operate a ‘software as a service’ model. This enables our customers to pay a price per invoice processed on our cloud-based solution and hence avoid expensive upfront software purchasing costs.
The rate per invoice is dependent on the expected volume of invoices per year as well as how much information a customer wishes to extract from invoices, aka invoice header and footer alone or invoice line item in addition.
To see a live demonstration of our Accounts Payable Automation solution, Book a demo here.
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