Accounts Payable Automation Software

What are the benefits of using AP automation software?

Accounts payable automation streamlines the invoicing process, leading to significant time and cost savings. The benefits of AP automation software include reducing manual data entry by up to 83%, accelerating invoice approvals by nine times, and providing real-time visibility into financial workflows. Additionally, it minimizes accounting risks by reducing errors and offers digital audit trails for compliance.

How much does AP automation software cost?

The cost of AP automation software varies based on factors such as company size, specific requirements, and selected features. Try our free ROI calculator to see just how much time you could get back with automation.

How does Quadient’s AP automation software integrate with ERP systems?

Quadient's AP automation tools, powered by our innovative SmartSync technology, enables deep, best-in-class integrations with leading accounting systems. This technology offers seamless integration with popular ERP systems, including Sage, QuickBooks, NetSuite, Microsoft Dynamics GP, Microsoft Dynamics NAV, and Xero. With SmartSync, data flows effortlessly across platforms, eliminating duplicate data entry and ensuring consistency and accuracy in your financial invoicing processes.

How long does it take to implement Quadient’s AP automation software?

Implementation timelines depend on the organization's complexity and specific needs. However, Quadient's AP Automation aims to have teams set up in less than six hours, facilitating a swift transition to automated processes.

Can Quadient’s AP automation software be customized for specific workflows?

Yes, Quadient's AP automation software offers customizable workflows. Users can set custom rules to automate each step of the AP process, including routing purchase orders, invoices, payments, and expense approvals to appropriate team members.

What cost savings and ROI can we expect from AP automation?

Organizations can save approximately $13 per invoice by automating their AP processes. The reduction in manual tasks and errors, combined with faster processing times, works together to contribute to a favorable ROI.

Does Quadient’s AP automation software provide audit trails for compliance?

Yes, digital invoicing in AP automation solutions includes features like electronic audit trails, simplifying invoice tracking from receipt to payment, and enhancing compliance.

What is the relationship between Quadient and Beanworks?

Quadient acquired Beanworks in March 2021.