AP Process Improvements

Unlocking Seamless Efficiency: Elevate Your AP Processes to Drive Global Success

Lower your Accounts Payable costs and reduce transaction processing time

To continually create value for their organizations, AP leaders are always looking for innovative ways to lower the cost of AP processing or reduce transaction processing time – especially those organizations that have made significant investments in ERP applications (Enterprise Resource Planning). The majority now have standardized AP processes with the potential to increase efficiency, reduce costs of AP functions and processes, and greatly improve the ability to manage working capital effectively.

Yet, despite the ERP capabilities, AP teams are somehow still burdened with processing numerous invoices manually or called to intervene in the procure to pay process.

At Transformious, we can help lower your Accounts Payable costs and reduce transaction processing time.

How To Reduce Your Manual Interventions

Implement Electronic Invoicing

To receive invoices electronically, image capture and storage with automatic matching to POs in ERP.

Non-PO Invoices Approval

Use Approval workflow to automatically route scanned Non-PO Invoices for approval.

Share The Workload

Migrate eligible suppliers to self-service portal. Drive greater efficiencies, lower costs, and fewer errors for all stakeholders.

Purchasing & Corporate Cards

To eliminate low-value & one-time purchases. Most Banks offer programs integrated with major ERP.

Reduce Check-Writing

Offer suppliers flexible Electronic payment options. ISO20022 is global and extremely robust messaging standards.

Finance Process Transformations

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AP Process Improvements