AP Solutions

AP transformation starts here.

Inefficient and ineffective invoice processes cost your organization in more ways than you think: high overhead, duplicate and incorrect payments, poor cash management as a result from inadequate visibility, late-payment penalties, missed early-payment discounts, and lots of supplier inquiries.

IPS eliminates these challenges with invoice automation solutions for:


    The IPS AP transformation platform provides an end-to-end cloud-based approach to invoice automation:

    • Aggregate, capture and validate any paper or electronic invoice from suppliers
    • Achieve guaranteed 99.95% data capture accuracy with our unique verification process
    • Digitally route invoices for approval based on configurable business rules
    • Leverage collaborative online functionality for managing exceptions
    • Access real-time dashboards with user-defined graphical depictions of key metrics
    • Seamlessly upload information on approved invoices to any legacy ERP
    • Ensure compliance and security with audit trails and comprehensive administrative tools

     

    The IPS invoice transformation solution delivers benefits across the enterprise:

    • Increase profit margins by reducing AP workloads up to 80%
    • Reduce late-payment penalties with visibility into invoices pending review or action
    • Improve cash management and spend analysis through enhanced visibility
    • Avoid profit leakage with greater payment accuracy and fewer duplicate payments
    • Lower the cost of goods with optimized early-payment discount opportunities
    • Extend the value of ERP investments with seamless upload of invoice information
    • Streamline audit and compliance with configurable reporting