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.
To discuss your Accounts Payable outsourcing needs, get in touch with our team today. We will help you find the right solution for your business.
Applications are easier to get up and running because there is no hardware to buy or infrastructure to set up and configure.
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
The challenge with invoice management and GDPR is that invoices may well contain Personally Identifiable Information (PII) such as names, addresses, contact details and bank details of individuals in which case they are subject to GDPR.
The challenge with managing paper and even digital invoices is that they can be passed around the organisation for verification and approval, may be stored in a variety of locations long after they are needed for business purposes and may be even be copied multiple times. How then can all of these invoices be managed in a compliant manner?
The solution is to introduce technology such as Kefron AP to automate your Accounts Payable process. Invoices received digitally or on paper are scanned, the key data extracted and an automated workflow is available for coding and approval. Duplicates are avoided, access is controlled and auditable and all documents are stored in a single location.
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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