Digital AutomationSmarter. Faster. Safer.
Discover ITESOFT Streamline for Invoices with Capture-as-a-service
Smarter
- Capture rates of 85% managed and maintained over time
- Capture of any file, any format incl. email, PDF, paper, fax, file capture
- Mutualised repository of supplier records for unparalleled matching
- Automatic invoice recognition with no templates, barcodes or dividers
Faster
- Workflow tools built on a BPMN+ toolkit for real time control and management
- Best in class designed workflows for ease of use for new users
- Control & management without the need for external support and coding
- Parallel approvals to increase speed and efficiency within the business
Safer
- Validated and managed supplier information reducing risk of fraud
- Complete end to end traceability of the process for audit purposes
- Full analytics for deep diving into any aspect of the P2P process
- Hosted on Microsoft Azure servers for unparalleled data and platform security
Innovation at the Heart of Financial Processes
Supplier invoice processing is much more than just an accounting issue. It represents a cost center, a source of disputes, and the subject of countless constraining regulatory changes.
A key process for any organisation, invoice processing not only has an impact on competitiveness and cash flow, but it also affects the image reflected by finance departments with respect to their internal and external partners.
Digitalisation takes on these challenges as a lever for transformation in the digital age. Originally offered with on-premise platforms for companies to deploy internally, or through services externalised via Business Process Outsourcing (BPO), solutions have evolved progressively towards the Cloud as a means to target companies of more modest size.
However, none of these approaches have proven entirely satisfactory. Today, only a new-generation solution can meet the needs of every organisation with maximum performance and agility, regardless of their structure, size, or invoice volume. This solution leverages the latest in Robotic Process Automation (RPA), Artificial Intelligence (AI) and Big Data best practices to deliver the very best in financial process automation.
Latest Blog Articles
With more than 650 clients, across more than 35 countries,
ITESOFT solutions for digitalisation allow our clients to deliver real business benefits.
Network Rail reduce processing times by 90% with Financial Process Automation
With a huge amount of invoices going through Network Rail every day and a long processing cycle, Network Rail decided it was time to explore new finance solutions. Their main requirements were a more automated and integrated approach and a similar way of working to limit the impact on users.
Invoice rejection is decreasing period on period and that’s been the case for the last three years, and that’s because of the information we extract using ITESOFT.
Mitsubishi Electric automates invoice processes with seamless SAP integration
With so many invoices being manually entered every day by Mitsubishi Electric employees, the business wanted to speed up their invoice processes and free up staff time. Their main requirements were to move to an automated system in order to eliminate building frustration, and do this with minimal disruption.
The ITESOFT support team was always available and on site when needed, I am looking forward to continued successes with them.
Emma Taylor, Accounts Payable Manager
Oxford Health NHS Foundation Trust increased staff efficiency by 78%
OHFT aimed to achieve financial spend control and visibility through supplier invoice automation and the ability to access information on demand. A key focus was to improve supplier invoice data accuracy through eliminating manual errors, reducing unnecessary delays and more easily identifying duplicate invoices
ITESOFT delivered a superior solution that was able to adapt to our specific business requirements. Their professional and supportive attitudes enabled us to deliver a highly successful P2P project
Colas process over 100,000 invoices per year with one accounts payable clerk
Colas needed to accelerate the slow manual invoice process they had, whilst continuing to process 100,000 invoices over multiple UK locations
We now have a controlled accounts payable function that allows us to efficiently process a high volume of invoices and drive significant business value
Canal and River Trust process automate supplier invoices and expense claims with ITESOFT
Low value invoices are auto-approved, workflow reminders help minimise year-end work, overall the time saved by the business is equivalent to 16 full-time employees in a year
We now have a controlled and efficient accounts payable function that allows us to process a high volume of invoices and expense forms, and enable us to drive significant business value.
Recognised by Global Analysts
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If you would like to know more about ITESOFT, our market, the latest in technology, or would like information about our partners. Whatever your questions, please feel free to contact us.