Lexmark unveils ReadSoft Process Director 7.5
Lexmark International has announced the availability of ReadSoft Process Director 7.5, the Accounts Payable (AP) automation solution for SAP.
The automated invoice processing solution has been extended with several enhancements.
Workflow approvals support for the new SAP Fiori interface to provide the ability to initiate a process on the desktop and continue processing on a tablet or smartphone, enhancing Fiori’s ability to deliver a role-based user experience across all lines of business, tasks and devices.
A Tax determination and jurisdiction framework allows for the comprehensive management of tax codes by company code, business unit or document type. Tax codes can be configured or extended based on user-defined choices, ensuring maximum flexibility in addressing a wide range of global tax requirements.
Automated workflow initiation now enables workflows to be configured and automatically initiated or restarted based on criteria such as company code or document type (invoice, purchase order and receiving documents), eliminating the need to track these processes manually, thereby lowering costs while increasing productivity.
“Financial processes such as procure-to-pay, order-to-cash and record-to-report are critical to any business, but labor intensive and costly to administer. Integrating such processes with SAP can present even more challenges,” said Reynolds C. Bish, vice president of Lexmark and president of Lexmark Enterprise Software.
“ReadSoft Process Director 7.5 streamlines and optimises these end-to-end financial processes, reduces costs, shortens cycle times, increases visibility, and improves operational efficiency.”