Invoice Processing

When you hear talk about robotics in the distribution centre, you may envision some of the innovations Amazon is using to streamline operations — and make headlines. Maybe you picture self-guided forklifts equipped with sensors and automatic controls stacking inventory in racks soaring high above the distribution to fulfilment without humans getting in the way and slowing things down. But you might be surprised to learn that robots are transforming more than just the physical tasks of fulfilment centres.

More than 20 million Amazon Alexa-powered devices were sold in 2017, and Google sold a Google Home device every second since the Mini started shipping in October, making voice-activated artificial intelligence more mainstream than ever before. The weather, a friendly joke or random trivia are easy for Alexa and Google to retrieve; and when stumped, the statement, “I can’t help you with that, but I’m always learning,” reassures us that…well, it’s always learning. Wouldn’t this same capability be great within your accounts payable department? “Okay Google, which accounts are 30 days past due?”

Anglican Community Services in Sydney (Anglicare Sydney) is implementing Basware’s purchase to pay solution delivered via the cloud. The SaaS solution includes many of Basware’s core features, including: procurement, marketplace, accounts payable automation, scan & capture service, analytics as well as the supplier portal and vendor manager.

Trintech, a global provider of cloud-based Record to Report (R2R) software solutions for the office of finance, is holding a Finance Transformation Breakfast Networking event at the EY Offices in Sydney on Wednesday, 21st February 2018.

Esker, a worldwide leader in document process automation solutions and pioneer in cloud computing,has received ISO 27001:2013 (ISO 27001) certification for its Information Security Management System (ISMS) by A-lign, an independent, third-party auditor.

Companies should be preparing for a world where government requirements for real-time transaction controls will be a major force in shaping the business-to-business (B2B) transaction automation systems of the future. With cloud becoming the principal deployment model for managing different types of B2B transactions, this revolution toward much-reduced freedom for companies to specify their process requirements can be expected to transform the way companies interact and contract with solution vendors.

When opportunity knocks, it seldom knocks twice. For Ross Vincent, Special Projects Manager at NZ business Retail Dimension (now known as RD), the upheaval associated with relocating and restructuring the business in 2017 provided a unique opportunity to improve business processes, one that he grabbed with both hands.

Basware has announced the availability of smart coding to help further automate invoice processing of non-PO invoices through machine learning.

Electronic invoices are starting to take over the world (one report estimates 30 billion e-invoices globally with annual growth rates of 10 to 20 percent), but they’re just the first step in modernising cumbersome financial processes.

Top Image Systems (TIS) has announced the launch of its cloud-based eFLOW AP solution, integrated with SAP Business One.