Accounts Payable Online: How it Works

Easily integrated and fully supported

Thanks to inbuilt electronic invoice approval, AP Online saves management time, whilst real time information flow provided within the Manager’s Dashboard gives full visibility and control of all items in the system. Checking the progress on an invoice couldn’t be faster where a full audit trail for each payment is available on screen, helping ensure robust financial compliance.

Implementing AP Online is not complex to implement and support. At it’s heart is a robust and advanced recognition engine that is configured to recognise document types and automatically extract a high percentage of required financial information.

Utilising a workflow based interface and configurable business rules, invoice processing  becomes almost transparent and dramatically reduces the manual effort to review and process invoices. Over time, the system will continue ‘learn’ the layout and data location of new supplier invoices adding to the return on investment.

In designing and building AP Online we have combined:

  • Our expertise in Enterprise Content Management solutions

  • An in depth understanding of financial processing, as well as the audit, storage and compliance issues faced by businesses

  • Our commitment to providing exceptional customer support

AP Online is delivered as an online solution and utilises Knowledge Capture© Online (KC Online), a robust and totally secure Cloud (SaaS) platform. However, if required, it can also be delivered as traditional on-premise implementation. Either way, you can opt for a subscription based service where you only pay for the number of users and projected data storage requirements.