Managing invoices is one of the most important processes a company deals with on a day-to-day basis. Businesses often receive thousands of invoices each day and processing them all requires time, effort, and resources.
Given how critical invoice management is to fiscal health, why are so many businesses trusting this process to manual methods like spreadsheets or paper invoices?
AP automation isn’t a luxury reserved for big, complex companies. Small and midsize companies, where employees often need to wear many different hats, can also benefit greatly and do more with less when they automate AP. With Concur Invoice, businesses and business leaders can:
For many businesses, shuffling paper is still how AP is managed. The result is often unhappy AP professionals, working much harder than they need to, on tasks that should be quick and easy. Take this AP risk assessment and see how well your business is running.
Smartsalary is a fast growing outsourced salary packaging and fleet management companies, servicing more than 130 organisations in Australia. They have been able to reduce their procure-to-pay process by 60% and the use of paper by 90%.
Finance apps are becoming essential for business efficiency. Concur Invoice is an invoice management tool that integrates seamlessly with other finance software, ERP (Enterprise Resource Planning) systems, corporate credit cards, as well as Quickbooks and Xero connectors so that your invoice processes and reporting works efficiently with the tools that your business already uses.
Concur Invoice integrates with any enterprise resource planning (ERP) or accounting system.
Diverse and automated workflow options are available for both invoices and purchase requisitions.
Concur compares invoices to purchase orders and records of received goods and services, saving time and ensuring supplier compliance.
A secure place for suppliers to track the progress of invoices and payments reduces questions to AP and procurement.
Automated supplier payments, including BACs, cheques and credit card feeds, improve the productivity of AP staff and help companies manage cash flow better.
Pre-defined reports and powerful business intelligence tools offer businesses visibility into spending, before it’s spent.
To hear from an SAP Concur representative, please complete the form or call us on (+61) 2 9935 4500.
“Smartsalary really represents a smarter way to do things. And one of the big focuses we have here is on LEAN and how can we make processes simple and easy for our staff to do. And something Concur’s really been able to allow us to do is capture a smart way to do accounts payable processing.”
Anita Nicole Sanchez, Financial Controller, Smartsalary
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