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Accounts Payable

A fully automated software offering efficient invoice management
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Accounts Payable Automation Software

Accounts Payable are often neglected back-office processes, seen as necessary parts of your organisation but not optimised to improve efficiency. In many cases, the manual and paper-based nature of payments and invoice management processes can be a costly bottleneck, causing delays and errors. Accounts Payable Automation can streamline operations, save time and money, improve accuracy, and provide valuable insights for better financial management, contributing to a company's overall success and competitiveness.

What are the Benefits of Accounts Payable Automation?

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Cost Savings

Save on labour costs and decrease the potential for errors, late payments, or duplicate payments.

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Improved Accuracy

Minimises the chances of errors in data entry, reducing the risk of mistakes in accounting records.

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Faster Processing

Accelerate the entire AP workflow, from receiving invoices to approving, processing, and making payments.

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Efficiency

Automate repetitive tasks like data entry, invoice matching, and approvals. Thus, reduces manual errors.

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Visibility & Reporting

Real-time visibility of processes, enabling better tracking, reporting, and identification of bottlenecks.

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Integrated Access

Integrate with other accounting or ERP systems, further enhancing overall operational efficiency.

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Compliance

Standardised process and secure access help adherence to company policies and industry regulations.

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Supplier Relationships

Timely payments and communication of queries can strengthen relationships with suppliers.

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Scalability

Easily scale to handle increased invoice volumes without a significant increase in human resources.

accounts payable and transform your invoice processing procedures today.

Learn more about our Accounts Payable solutions:

Tungsten TotalAgility®

A comprehensive software platform designed to help organisations automate and streamline their business processes, including digital mailroom operations.

 

Tungsten-AP-Essentials

Tungsten AP Essentials automates accounts payable using AI, machine learning, and process automation to improve invoice processing and workflow.

 

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DocuWare delivers document management and workflow automation software that enables you to digitise and optimise the processes that power the core of your business.

 

Why Choose Twofold

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Typical benefits of a digital mailroom in banking:

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  • Mortgage document processing
  • Mortgage document processing