Accounts Payable Automation for Dynamics 365 Announced by Centsoft

AP Automation for Microsoft Dynamics 365 Business Central has been announced by Centsoft, a leading software provider of accounts payable automation. The solution captures invoice data, has an automated approval workflow, and is easy to use.

Centsoft has announced AP Automation for Microsoft Dynamics 365 Business Central. Centsoft is easy to use accounts payable automation that integrates seamlessly with Dynamics 365 and provides invoice data capture, an approval workflow, and a searchable invoice archive.

Businesses using Dynamics 365 Business Central are looking to optimize the processing of vendor invoices. Currently many organizations are manually keying in their supplier invoices, a process that is fraught with error and wasted time. As well, companies that need to have their invoices approved by project managers or someone other than the finance administrator are looking for flexible approval workflows without the hassle of emails and spreadsheets.

Centsoft AP Automation for Dynamics 365 Business Central captures invoice data automatically. The invoices show up in a central dashboard where the finance administrator can forward invoices to managers to approve. The AP solution uses AI to learn the user’s accounting codes, automating General Ledger code entry and saving time and effort when performing this task.

The accounts payable invoice automation solution has a fast setup time and gets 4-5 stars for ease of use in third party software review sites.

“Some of the biggest issues finance administrators have is capturing invoice data and having an approval workflow that is not manual,” said Lisa Berkstresser, North America Centsoft Product Manager, “and Centsoft not only captures mailed and emailed invoice data, but lets approvers quickly view and approve vendor invoices on mobile, tablet or desktop.”

Centsoft is paperless AP that optimizes invoice processing. The cloud-based solution is approval workflow software that gives finance administrators a more efficient way to process and approve thousands of invoices each year. Automated workflows route invoices to the proper person and/or persons within the organization. Through approval rules dictated by the administrator, invoices are handled by the right project managers and approvers in the organization.

The searchable invoice archive lets finance administrators search for any data on the invoice, a valuable function that goes beyond just being able to search for specific data fields. A time-stamped audit trail complete with an invoice log provides verification information for auditors and investigations.

Administrators can create “flags” to, for example, remember a task linked to an invoice. Flagged invoices are placed in a folder on the main dashboard. Users can quickly find invoices that are to be re-invoiced, blocked, or credited.

Users appreciate both the time and cost savings because Centsoft can index invoice data and provide them with a complete invoice approval workflow.

Centsoft integrates with Microsoft Dynamics 365 Business Central. Ledgers are imported to Centsoft so that coding can be handled as usual. When invoices are approved, they’re automatically transferred Dynamics.

To get more information and book a demo:

Release ID: 89045346