Benefits of Accounts Payable Software System

Expenzing accounts payable software generates power spend analytics to guide management on identification of savings opportunities. This invoice management solution is an accounts payable software that uses intelligent robotic agents to do a five-way check between quantity, rate, order value, Goods Received Note (GRN), and advances paid.

Here are features of Accounts Payable Software:
— Keep spends in budget bands and avoid the embarrassment of supplementary budget requests, and post-mortem reports to the Directors.
— Automatically check invoice details and prevents incorrect invoices from being authorized for payment.
— Reduces cycle time for A/P by automating the invoice authorization process.
— Reduce the paper trail and email dependency, avoid manual entries of data and constant follow-ups with stakeholders.