AP Automation Software for Sage Intacct
AP Automation Software is software built to help you streamline and improve the processes related to paying bills. AP automation software helps your team simplify the invoice entry and approval process, as well as payments to vendors.
A typical AP automation solution will:
- Capture data from invoices
- Provide electronic approval workflows
- Manage payments electronically
- Track an invoice’s progress
- Store invoices as electronic files
- Provide AP reporting functionality
You might consider AP automation software if you’re feeling the effects of a manual AP process or experiencing an increase in AP volume or overall company growth. AP automation software is at its most effective when linked to ERP or accounting software so purchase order, invoice, and payment information can be shared across systems.
Top 6 Benefits of AP Automation
Reduced costs. AP automation software eliminates the need for paper and all of its associated costs, like the office and storage space needed to house paper documents and the time required to route invoices manually for approval.
Supports growth. AP automation software increases efficiency by automating tasks like reading and entering data. With efficiency gains, you can handle more invoices and payments without taxing the team you have in place, giving your company room to grow.
Improved accuracy and productivity. By automating transactions, you improve accuracy and compliance and reduce errors. Instead of focusing on data entry, your team can tackle exceptions, analysis, and other valuable tasks.
Better insight and oversight. AP automation software eliminates the uncertainty of a manual approval process. Everything is tracked electronically, so you can check the status of every invoice and drill down into transactions. You can easily compile reports to evaluate critical information, like outstanding payments by vendor or recent expenses by product.
Security and fraud protection. AP automation software comes with security measures like login authentication and user access controls to protect your information and prevent internal or external fraud.
Boosts your bottom line. AP automation software helps you avoid incorrect or duplicate payments and allows your team to focus on making the most of your AP process by taking advantage of early payment discounts or avoiding late fees.
AvidXchange for Sage Intacct
As a Sage Intacct Premier Partner, Cargas strives to provide the best tools to support your accounting and finance needs. By partnering with other industry-leading software providers, we can offer you a large selection of solutions to build your ideal financial system.
We partner with AvidXchange to provide AP and payment automation for our customers. AvidXchange offers a full range of AP and payment automation solutions, with an integration between their AvidInvoice and AvidPay applications and Sage Intacct. The integration provides you with efficient, paperless accounts payable and payment processes that completely eliminate the need for paper invoices and checks.
Ready to Learn More?
If you’d like to learn more about AP automation software, AvidXchange’s solutions, or how the integration between AvidXchange and Sage Intacct works, we’d love to help. Contact us to connect with our expert consulting team.