Accounts payable department’s are challenged with process inefficiencies and lack of tracking and visibility of invoice transactions due to exception handling and manual approvals. The overall impact is affecting compliance, supplier relationships, cash flow management and creating additional workload and added responsibilities for accounts payable officers.

Xcellerate IT’s solution for Accounts Payable, ‘AP Dynamics”, adds crucial speed and discipline to invoicing processes. Pre-integrated to leading financial management systems, Xcellerate IT solution for accounts payable delivers complete end-to-end automation. AP Dynamics will support a streamlined process for exception handling, enable cash flow management and provide necessary tracking required to manage the entire process from the receipt of invoice to post and payment.

With its flexible and easy‐to‐use web interface, AP Dynamics enables all participants in the invoice processing to collaborate effectively, wherever they may be and whatever their role.

Xcellerate IT’s AP Dynamics Platform consists of two world class leading products; Kofax Capture and Singularity Process Platform. By using AP Dynamics, the platform implemented in your Accounts Payable can be extended to address other processes within the business such as employee expense claims and travel requests.

Download Invoice Processing with AP Dynamics (.pdf brochure).

Discipline in Invoice Processing – comprehensive models of your invoicing processes make clear who is responsible for what, how much time and cost is planned and incurred for each Invoice Processing step, what happens when something goes wrong and what role systems play in effective Invoice Processing.

Invoicing Process Automation - adding velocity to workflow, enhancing collaboration, replacing paperwork with efficient management of electronic documents, and removing the need for manual intervention

Compliance to Supplier Terms & Conditions – ensuring that discounting opportunities are taken and penalties are avoided

Alerts, Exception & Escalation Management - earlier capture of issues, multichannel alerting, smarter handling of exceptions and intelligent escalation to ensure issue resolution

Invoice Processing Monitoring – configurable reports and dashboards provide historical and real-time insight into the performance of your invoicing processes

Pre-integrated to leading systems – including scanning, document/records management and workflow capabilities,
Built-in Adaptability –enabling your Invoice Processing to evolve without recoding as your needs and surrounding environment change