Accounts Payable Automation - MYOB
Accounts Payable Automation with MYOB
Steamline your MYOB Accounts Payable process
By connecting users with the information they need to be more productive and efficient, Kofax PSIcapture and FileBound provides document and workflow automation applications to enhance the performance of your organization. Using our software in combination with MYOB you will achieve your Accounts Payable Automation.
Whether using Essentials, AccountRight, Exo, Advanced or Greentree, MYOB customers can utilise Kofax PSIcapture to collect invoice data automatically (drastically reducing time spent on data entry), and then have the FileBound workflow route the invoice for approval. Once the invoice document is approved it can then be transferred directly into MYOB.
Contact us to learn more about how your business can benefit from accounts payable automation and the help of the UpFlow team.
The benefits of integration that is specifically built Accounts Payable Automation - MYOB
Whether part of a broad ranging information management initiative or a localised project-based one, UpFlow helps AP departments of all shapes and sizes redefine their AP process efficiency:
Remote/Offsite Approvals
Ensure that invoices are paid on time with less effort. No more time spent passing paper around, matching invoices to POs or other documentation, or chasing down approvals.
Enforce Compliance
With construction policies and external mandates like government legislation. Automated workflow guarantees that all the proper procedures are followed and documented, enabling compliance with audits and preventing fraud.
Increased visibility
To make the right decisions to achieve project deadlines. Advanced analytics expose data about transaction volumes, financial liabilities and supplier interactions to identify areas for improvement.
Eliminate missing and duplicate invoices
Stop missing, late paying or duplicate payments. The result: happier suppliers, happier team members and fewer service calls.
Free up valuable physical space
Storing your documents electronically and not on someone's desk, in a filing cabinet or where ever you left it last.
Cut costs and delays
Associated with managing paper and electronic invoices. Invoices enter the system quickly, are routed automatically, are accessible from anywhere, thus reducing the amount of labour needed to complete AP processing. Costs for moving, filing, securing and storing paper documents are also eliminated.
Has Covid-19 changed the way businesses manage data?
Steven, UpFlow’s CEO published an article on LinkedIn around how business data is now potentially more at risk since the rapid WFH deployment for so many organisations.
We would love to hear your thoughts!
PSIcapture – Foodfirst New Zealand case study
Foodfirst has over 4500 invoices per month coming into their business via email and hard copy. This required 4 full-time employees and 1 part-time to ensure all the data was entered into the Accredo accounting software in a timely fashion.
PSIcapture – Microsoft case study
Microsoft’s Legal and Corporate Affairs (LCA) division had a paper problem that needed a resolution. For example, the Legal Team was buried in paper records, and with strict requirements on their record-keeping process, paper was creating business bottlenecks due to the inefficiencies of physical records. The records facility was growing at a rate of 3,000 files per month, adding to the already 35,000 files in storage. Many of the files, up to two reams in length, were difficult to manage, and retrievals were creating an adverse impact on team efficiency.
Let UpFlow’s digital transformation services benefit you today
Book a time to chat with one of our knowledgeable experts to see how our digital solutions can save you time, energy and money. With UpFlow on your team, business efficiency and growth is made easy.