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Automated invoice processing doesn't just save time—it transforms how businesses handle their accounts payable, turning a tedious workflow into a streamlined, scalable invoice processing system.
ReadSoft's specialties included accounts payable automation, accounts receivable automation, sales order processing, and digital mailrooms. ReadSoft has been regarded as an "AP invoice specialist" – AP is a common abbreviation of Accounts Payable – by Gartner, an independent information technology research and advisory company.
Tungsten Network Workflow is a software suite that automates accounts payable processes and includes a document repository and reporting. [4] The suite offers end-to-end visibility of invoices from initial receipt until payment by monitoring payment processing in an ERP system and pulling back the associated payment data.
General ledger, chart of accounts, accounts receivable, accounts payable, double-entry bookkeeping system, small business accounting, mid-market enterprise accounting, multi-currency, multi-language, multi-user, business reporting, management reporting, inventory control, service/project tracking & billing, payroll, open data and backup exports.
Technology has long enabled the automation of invoice processing from arrival to post. This means that at arrival of the invoice, the same accounts payable clerk will only need to scan the invoice into an automation software. The automation software then converts the invoice's scanned image into a text-researchable document.
Export sales and payment data or enable automatic updates by syncing your bank feeds, point-of-sale (POS), e-commerce, and payment apps with accounting software. Check cash flow and A/R reports.
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