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Digitization is a megatrend. An important part of this is electronic invoices as a mandatory requirement for business-to-business transactions. Their introduction will soon be mandatory throughout Europe - no company will be able to avoid this digitization step. In Germany, the legal guideline for this is contained in the Growth Opportunities Act.
avvaneo Expedite has learned and can now extract enough clues from unstructured invoice information to automatically set up to over 90 percent of all tax codes correctly.
Read article What a data analyst can take days to do, avvaneo Discover delivers in two clicks
The question is not whether you should automate, but why aren’t you automating more?
Read article Financial Process Automation not just AP Automation
Considering implementing an AP automation solution to improve your accounting and finance processes? First and foremost, you must decide where your AP automation solution should sit — inside or outside of your ERP.
If you’ve automated your invoice processing, the majority of invoices should either post automatically or enter a workflow. But what happens if you need to manually correct an invoice? This can often be complicated, but it shouldn’t be.
Read article The key to invoice exception resolution in Shared Services
You’ve likely heard the term “e-invoicing” bantered about as the panacea to all life’s problems — or at least account payables’.
Read article E-invoicing is good. But e-invoicing paired with AP automation is better
Agility means to move quickly and easily. Manual invoice processing is the antithesis of agility. There are multiple points of friction that slow down manual invoice processing and it’s costing your organization time and money.
Read article Manual invoice processing is hurting your company. Agile invoice processing is the fix.
avvaneo + strategic partners = solutions that work
avvaneo’s experience combined with our range of partnerships with leading application vendors creates the perfect solution for automating financial processes.
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