Automation in Finance – Preparing for the Future of Back Office Functions

What is the best way to prepare for automation in finance? Understand and carefully detail what your current AP processes look like. Be sure to include, and highlight, problem areas. Engage with colleagues and understand how your processes and pain points impact the wider business. Build a multi-disciplined team to head up your process review,

Is Capture the Key to Automation?

Is capture the key to successful automation? Yes, without the ability to automatically capture incoming information every subsequent step in automation falls down. If your capture rates on supplier invoices are low, at any level, then the information put into your workflows or approvals is going to be poor. Quality, huge volume capture drives every

Bruntwood Limited choose ITESOFT Streamline for Invoices to continue their investment into AP Automation.

We are delighted to announce that Bruntwood Limited, an existing ITESOFT UK client have signed to use Streamline for Invoices. Highlighting their commitment to high quality working practices and reduced environmental impacts. Continuing their journey to a truly outstanding Accounts Payable department. Who are Bruntwood? Bruntwood are headquartered in Manchester, with offices in 4 other

Accounts Payable Automation FAQs

Accounts Payable Automation FAQs with a difference. Each of these questions have come up in multiple webinars run by us. These are your Accounts Payable automation FAQs, with our honest answers… FAQ 1: How many languages are supported by the platform? We are able to capture, read and process any incoming document regardless of language.

Why Won’t Suppliers Adopt E-Invoicing? The Truth

The truth about electronic invoicing? There is no “one size fits all” answer. An EDI feed is simply unrealistic for many companies. Asking suppliers to change for your benefit… that’s a hard ask. You have to show them a benefit too. According to Billentis, 90% of all invoices globally were still processed manually… Yes, 90%

Risks Associated With Accounts Payable

Have you looked at a couple of key areas where fraud can be a risk, payment processing issues, and how to resolve these problems? It is time to gain from insights into how to avoid some of the associated risks when processing invoices and capitalise on the advantages of financial automation. Two types of fraud