Invoice Processing

Managing the accounts payable department can be a challenging task. Companies are often tripped up by manual data entry errors, lost paper invoices, missing information and delayed approvals. Beyond wasting time and eroding efficiency, these stumbling blocks can also lead to financial loss – especially when gaps in poorly managed processes result in overpayments or facilitate fraud.

Over the past 35 years, Melbourne’s Snowdon Developments has grown from a family business building just a few homes in Melbourne’s Western Suburbs, to become one of Victoria’s key home builders, with over 100 staff and more than 1000 residential homes under construction across the state each year.

Two non-profit organisations have just released their findings on a brand new solution for business process automation created by Australian software development company Cypher IQ.

Software solutions provider Kiandra has collaborated with Western Australia’s (WA) Health Support Services (HSS) to successfully deliver a critical application replacement to enable the WA health system to process up to $100 million of invoices every year.

Organisations looking to implement EDI for the first time need to consider the challenges associated with this legacy approach to electronic trading. And those looking to upgrade should think twice before throwing good money after bad.

Spinal Life Australia, a registered National Disability Insurance Scheme (NDIS) provider, has implemented a capture solution from EzeScan to streamline the process of administering plan management and invoice payment for its clients.

If you’ve ever worked in an accounting department that relies on manual processes, you’ll know exactly how days filled with tedious data entry tasks can make you feel: like a robot.

CloudTrade Technologies (UK) has announced that its PDF Invoice to SAP Ariba Capability – Customisations solution is now available for purchase on the SAP App Center, the digital marketplace for SAP partner offerings. PDF Invoice to SAP Ariba Capability integrates with SAP Ariba and delivers end-to-end automaton for supplier application generated PDF invoices to their customers’ finance applications.

DocuWare has released DocuWare 7.1, the latest version of its flagship document management and workflow software. Highlights include improved workflow capabilities, a new Workflow User License, and automatic processing by line item on invoices.

Robotic Process Automation (RPA) leader Blue Prism is Introducing intelligent document processing capability to its RPA suite with the Beta launch of Blue Prism Decipher.

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