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Xcellerate IT delivers Invoice Automation solution to NT Airports

Northern Territory Airports selected Xcellerate IT to provide a complete automated invoice processing solution that seamlessly integrates with TechnologyOne Financials.

With over 2.4 million arriving, departing and transit passengers every year, Northern Territory (NT) Airports is the ultimate parent of the group that owns Darwin International Airport and Alice Springs Airport.

NT Airports will implement a centralized solution for accounts payable automation using Kofax Capture to scan and extract invoice header information in their office in Darwin. The solution will seamlessly integrate with TechnologyOne Financials whereby the exceptions can be routed for approval, leveraging on the advanced workflow functionality with TechnologyOne Financials.

NT Airports will implement Xcellerate IT’s Invoice Automation solutions - Kofax Capture, Kofax Transformation Module (KTM) and VirtualReScan (VRS) - to capture supplier invoices and related financial documents as soon as they are received at the 2 airports.

The images will be indexed at the Accounts Payable department in Darwin and routed to a repository for easy access. The Xcellerate IT’s solution will then automatically extract key information, do look-ups in TechnologyOne Financials and validate data before it is released into NT Airports’ systems for authorisation and approval.

The supplier invoice automation solution will allow NT Airports to streamline Accounts Payable and leverage on their investment in Technology One Financials. It will assist achieving best practice in the invoice approval processing by creating better customer service externally to customers and suppliers as well as internally across the organisation” explains Howard Boretsky, Managing Director of Xcellerate IT.

The invoice automation solution will enable NT Airports to automate and standardise document capture, decreasing manual operations and gaining full control of its supplier invoice processing. Improved visibility of invoices, supported by powerful reporting tools, ensures compliance with governance and regulatory obligations are met as well as clear visibility of cash management.

The current method followed by NT Airports personnel of physically retrieving invoices for reference will become obsolete. All future financial documents will be available immediately and on demand, as an electronic image against each transaction within the TechnologyOne Financials.

With Northern Territory Airports joining other 30 other live Technology One users in our community, Xcellerate IT strengthens its strategic partnership with Technology One”, says Boretsky. ”We are proud to welcome NT Airports on board and are excited about the value our organisation can bring to improving their business processes.”

About Xcellerate IT
With 14 years of experience in streamlining business processes, Xcellerate IT is a leading provider of business process automation solutions. Xcellerate IT’s enterprise capture and work management solutions seamlessly integrates with major business applications, empowering organisations to increase productivity and organisational effectiveness by decreasing manual processes.
Xcellerate IT’s solutions are widely used across multiple industries in manufacturing, finance, local and state government, education, healthcare and a wide range of companies that require the capture of critical information from paper, electronic documents and forms.

Posted in: 2011
   
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