Payables as a Services is a unique way to eliminate the labor-intensive task of processing invoices. This managed automation service drives your efficiency up and costs down by automatically capturing invoices in the cloud to enable faster and more accurate invoice processing in your SAP systems.
Payables as a Services quickly and flexibly captures invoices from all suppliers, electronically. The cloud-based service captures fully electronic invoices, such as PDF or EDI with 100 percent accuracy. For other invoices that are scanned or emailed, the service uses machine learning to improve the accuracy of captured invoice information over time. This intelligent capture service drastically reduces the need for human oversight or manual invoice entry.
As the service is cloud-based, it can quickly scale to capture large volumes of invoices automatically. The automation makes it easier to increase the speed of your existing invoice processes and maintain productivity levels even when your company experiences seasonal increases in invoice volume or on-boards a newly acquired businesses. The service also applies machine learning to quickly identify and adjust to changes in supplier invoices.
Use Payables as a Services as a first step towards transitioning of your invoice processes to the cloud. The service can be used for stand-alone invoice capture for your SAP ECC or SAP S/4HANA systems, or as a useful addition to our SAP-integrated FS² AccountsPayable solution for more advanced invoice processing capabilities.
Features & Benefits
- No need for complex and costly on-premise installation of scanning or OCR hardware or software
- Flexible integration of data from suppliers
- One solution for all invoices
- Fast and accurate capturing of invoices
- Automatic entry of invoice data within SAP
- Real time integration in SAP
- Service provider with a global footprint and strong local expertise
- Clear Service Level Agreement
- Scale the service to your unique business requirements
- Transparent pricing