Invoice Processing

Basware, the provider of e-invoicing and Source-to-Pay (S2P) solutions, has announced the availability of predictive analytics capabilities in its cloud-based Source-to-Pay solution. The release incorporates an intelligent algorithm to show which invoices are at risk of being paid late.

Drakes Supermarkets is a family-owned business established in 1974 when Roger Drake purchased his first supermarket. Today, the company is the largest independent grocery retailer in Australia with more than 50 stores across South Australia and Queensland.

Kofax has announced that Microsoft Dynamics NAV 2016, Microsoft Dynamics NAV 2017 and Microsoft Dynamics 365 for Financials (Business Edition) now include Kofax Invoice Capture Service (ICS).
Dynamics users seeking to automate their accounts payable processes can start with ICS’ “freemium” model that allows for the processing of up to 75 invoices per month without charge, and then choose to upgrade to a subscription plan.

Australian technology company, MessageXchange has announced the successful demonstration of end-to-end transaction between the Australian Government and a private sector recipient using a new Australian e-invoicing standard.

EzeScan has been providing TechnologyOne Financials users with Invoice Processing solutions for the on-premise version of Financials for over five years.

Kofax has announced the availability of ReadSoft Online TM R9, a cloud-based capture and invoice processing solution.

Kofax has announced the availability of Kofax Perceptive AP Invoice Approval 2.0, an invoice approval solution designed to better automate end-to-end accounts payable processes. The solution streamlines the invoice approval process via a mobile-optimised interface usable on any device via responsive web design.

Business-to-business (B2B) customers in the Information and Communications Technology (ICT) industry take the longest to pay overdue receivables; on average, within 30 days after the invoice due date, according to a nationwide survey by Atradius. This long payment period is causing a drain on cash flow for the industry.

When sending an important parcel through a courier, you wouldn’t want it to get lost or end-up with the wrong individual. Think about the last time you’ve sent a birthday present through a courier. You’ve personalised the package, labelled it up with the right name and address details before handing it over to the delivery company, ensuring it’s fully traceable. Now imagine if you’re able to find out not only when it’s been delivered but the exact moment when they have opened their birthday present.

Lexmark International has announced the availability of ReadSoft Process Director 7.5, the Accounts Payable (AP) automation solution for SAP.

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