Invoice Processing

Accounts payable is an area that is singled out for process improvement in many organisations. The business looks at number of people doing manual processing and believes it is a simple case of putting in document scanning, or electronic data interchange and savings will flow.

In one of the bigger software deals of 2014, SAP agreed to buy Concur Technologies for $US8.3 billion. The purchase provided the German ERP software giant with an entry into AP Automation and travel-related software for hotels and tourism services. On a recent visit to Australia, IDM asked AG Lambert, Concur’s VP, Product Management and Strategy, how the merger was progressing.

Ricoh Australia has launched an Accounts Payable offering, a new end-to-end invoice automation solution to enable companies to improve their financial processes, increase productivity and reduce costs.

Esker has launched a new supplier self-service portal to complement its Accounts Payable automation solution. The new tool improves the way organisations interact and collaborate with their suppliers.

Leading Australian pharmacy retail network Chemist Warehouse has selected solution provider Xcellerate IT to implement Kofax’s TotalAgility platform to streamline its accounts payable (AP) processes.

Konica Minolta Business Solutions (US) has announced it will tap into solutions from Ariba, the SAP subsidiary, to enable a digital procurement process.

One of Australia’s leading diversified food and agribusiness companies, the Craig Mostyn Group has moved ahead with Esker Accounts Payable solution on Premises with its mobile application for business approvers.

Digitalised business processes provide the perfect conditions for on-going tracking and measurement of the ‘health’ of the processes. What are the KPIs that can be used to track the health of your AP processes and the benefits you can achieve?

Visa has deployed enhanced data and invoice management capabilities in the Asia Pacific region utilizing Kofax TotalAgility to help businesses better overcome the challenges that they face today in accounts payable and receivables management processes that typically stem from a lack of process automation.

Selera Labs, an Australian enterprise data analytics startup that got its start on campus at the University of Wollongong, has announced the 4.0 release of its Data Ignition Duplicate Invoice software.