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WHAT IS AP AUTOMATION?

Accounts payable automation (also referred to as AP automation) aims to optimise the process of receiving and processing of supplier invoices. AP automation enables more of your AP process to be touchless, meaning that most tasks are automated, requiring minimal human effort.
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Receive all invoice data digitally

With PayfileIQ you have a single data point for all invoice master data, giving you the best foundation for comprehensive AP structures & processes.


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Gain 100% spend visibility

With complete invoice data at hand, you have visibility in to how your organisation spends money, who you’re spending it with, and the cash flow in and out of your business – allowing you to bridge the gap between data and strategic decision-making.

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Better seize early payment discounts

PayfileIQ substantially decreases invoice processing cycle times to speed up payments to your suppliers. The earlier you pay, the more likely it is that you realize early payment discounts.

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Rid themselves of redundant manual work

PayfileIQ’s advanced matching and coding technologies and payment plans are designed to streamline your AP processes. Built on cutting edge technology, you can minimise exception handling and manual processing of invoices.