ACCOUNTS PAYABLE (AP) INVOICING & PURCHASE ORDER (PO) RECONCILIATION AUTOMATION
Making your Accounts Payable Processes More Efficient
POWERED BY – Friendly User Interface, Intelligent Automation (IA), and Optical Character Recognition (OCR)
KTech’s RPA & OCR powered AP Invoicing & PO Reconciliation Automation Solution optimizes your AP Invoicing process through the following:
- Automated upload of digital invoices into your systems.
- Automatic data extraction from invoices using OCR
- Multiple bot-based validations against your ERP system
- Bots approving invoices based on customized business rules
- Bots performing PO Closure (2-way, 3-way) in ERP system
BUSINESS VALUE
80% FASTER INVOICE PROCESSING
100% ACCURACY IN PROCESSING
KTech offers our solution combined with rapid deployment and managed support services.
AP INVOICE & PO RECONCILIATION AUTOMATIONKTech’s RPA & OCR powered AP Invoicing & PO Reconciliation Automation Solution enables healthcare entities to optimize their AP Invoicing process and keep their supply chain robust. Our solution is designed to overcome the challenges of manual invoice processing, which is time consuming, costly, and inaccurate.
KTech’s RPA & OCR powered AP Invoicing & PO Reconciliation Automation Solution enables healthcare entities to optimize their AP Invoicing process and keep their supply chain robust. Our solution is designed to overcome the challenges of manual invoice processing, which is time consuming, costly, and inaccurate.
Read our AP Invoice & PO Reconciliation Success Story.
OUR SOLUTION MAKES THE DIFFERENCE
Addresses the following challenges of manual invoice processing.
- High resource labor costs
- High annual cost of Invoice processing
- High error rate adds unnecessary cost for correction
- Prone to fraudulent activity
KEY FEATURES
How does our solution work?Minimal Manual Intervention
During validation
and approval
and approval
Works with Leading ERP Systems
Plug-n-Play Core Connectors for: PeopleSoft, Oracle, SAP, Workday
Automation & Business
Transformation
Incorporates multiple RPA bots, OCR bot for true digital transformation
Processes All Types of Invoices
PDFs, paper, fax,
mail, multi-lingual
mail, multi-lingual
Detects Errors and Duplicates
Easily detects duplicate invoices and errors; performs 2-way, 3-way match
Quick
ROI
Faster & accurate processing of invoices leading to operational savings
Recorded Webinar
AP Invoice Automation, AR Billing Automation, Transcript to SIS Automation
Automation of key business processes with bots handling both repetitive and complex tasks can enable organizations to optimize their processes and save operational costs. Learn about our proven business process automation solutions on our webinar: “AP Invoice Automation, AR Billing Automation, Transcript to SIS Automation”.
We make a difference
All our Products are customer focused
and cost-effective.