Centsoft, a leading provider of accounts payable automation, has announced AP Automation for Agriculture, cloud-based software that automates the accounts payable process. The SaaS application eliminates the manual work related to capturing invoice data and getting invoices approved for payment.
The easy-to-use system captures data from incoming supplier invoices. Invoices are put into an approval workflow for managers and supervisors to approve, and invoices can be approved 24/7 on a smartphone, tablet, or desktop.
Small businesses in the agricultural sector are looking for ways to reduce the manual work involved in processing supplier invoices. Many companies struggle with manually keying vendor invoice data into their accounting system or ERP.
They also use email, phone calls and spreadsheets to keep track of supplier invoice approvals from the people in their organization. On top of that, once invoices have been paid it is often hard to search for relevant invoice data for audits and investigations.
Centsoft AP Automation for Agriculture solves these problems. Centsoft captures invoice data from both paper and emailed invoices and populates a central dashboard with all of the information, including the invoice image. That means the administrator does not have to manually key the information into the accounting system.
Finance administrators can send invoices out for approval and see what the current status of invoice approval processes are. Approvers see the invoice and can approve with one click.
Invoices arrive by mail or email, and are scanned by Centsoft. The data inside each invoice is then populated in an intuitive central dashboard. Finance administrators can check that the data is accurate, make adjustments, apply coding and send the invoice out for approval.
“Agricultural companies are looking for tools that save administrative time” said Steven Stachyra, Sales Executive for Centsoft, “and Centsoft reduces their workload in areas that take up a lot of time or are a pain to manage.”
A searchable invoice archive lets finance administrators search for data on any vendor invoice. The cloud-based archive stores all the invoices entered into the accounting system or ERP that have been paid.
Artificial intelligence works in the background to learn account codes and over time makes suggestions on how to code items on each invoice.
Centsoft seamlessly integrates with popular accounting systems such as Quickbooks, NetSuite, Dynamics 365 BC, SAP B1 and more. Ledgers are imported to Centsoft so that coding can be handled as usual. When invoices are approved, they’re automatically transferred to the accounting system.
The time to get companies setup and running on the system is relatively short. The Centsoft subscription fee includes training, unlimited users and a ticketed support system.
To find out more about Centsoft AP Automation for Agriculture, visit https://centsoftautomation.com/ap-automation-for-agriculture/
Centsoft offers a robust, cloud-based AP Automation platform to streamline all of the steps in the accounts payable process. Centsoft’s AI learns and proactively suggests vendor information and coding suggestions. Centsoft is a leading provider of SaaS solutions that automates the management of incoming invoices for over 1,600 companies. Centsoft easily integrates with popular ERPs and accounting systems.
Release ID: 89064136