Automated Invoice Processing, Purchase-to-Pay and Order-to-Cash Process Automation
Improve the efficiency of your financial supply chain, reduce costs and give your finance department total control by automating your document-based processes:
- Accounts payable, purchase-to-pay, e-invoicing
- Sales order processing
- Remittance processing, accounts receivable reconciliation
Use ITESOFT automation software to eliminate time-consuming and costly manual tasks with low inherent value, including keying-in invoices, reconciling AR and dealing with endless loop-backs in approval processes.
Leverage technology and streamline process to optimise your cash: process receivables more quickly, benefit from better visibility of your payables to take advantage of early payment discounts and never face late payment penalties again.
Turn to electronic workflows throughout your organization to get complete control over processes while shortening their cycles. Eliminate most paper exchanges with internal and external stakeholders. When you do receive paper documents and or faxes, simply scan , run OCR and then store them away and work efficiently from high-quality images. This approach is ideal for purchase order processing, approval and coding of supplier invoices and much more.
ITESOFT’s Financial Process Automation software adds value and integrates tightly with your ERP system to deliver efficiency in document-centric processes in ways that are not possible, or which cost much more, when handled as a customisation project or with extra ERP modules.
How you benefit
- Improve cash management
- Cut transaction costs
- Control processes end-to-end
- Eliminate paper