2. What is Accounts Payable Automation
AP automation technology automates routine
steps such as receiving invoices, coding,
routing for approval, payment, and
reconciliation. You may come across the term
“touchless” processing, which generally
means that AP automation eliminates the
need to input data manually at any stage.
However, approvers may still need to sign off
on payments.
2
Introduction
3. There are many reasons to automate
AP. Some involve a tangible and rapid
return on investment, by reducing the
need for manual effort, AP automation
can drive down your processing costs. It
can also help you scale AP more easily
as your business grows by reducing the
need to hire more people.
3
Why Automate Accounts Payable?
4. • Fewer manual errors reduce the need for
multiple departments to spend time
investigating problems and handling supplier
complaints.
• Paying promptly and predictably may
enhance your reputation and help you in
future negotiations with suppliers.
• Staff can be redeployed for higher value tasks
such as analyzing payment data, instead of
spending their time on manual data entry.
4
What are the Benefits of AP Automation?
5. Invoice Automation Benefits:
Invoices can be automatically matched to
supporting documents, like purchase
orders and receiving documents (3-way
matching). This automatic matching is
faster and more accurate than manual
matching, especially for businesses that
otherwise might have to match documents
stored at different locations.
5
Key Features of NetSuite AP Automation
6. Jade Global is a strongly tied NetSuite Systems
Integrator partner delivering functional and technical
implementations, optimization services, and managed
services. We have the right mix of domain
knowledge, system expertise, and technical skills for
NetSuite ERP implementation, optimization, and
maintenance. We provide the flexibility to adapt and
respond to your changing business needs. Our
experts handle fluctuating workloads without letting
these disruptions increase your implementation cost.
6
About Jade Global
7. 7
Headquarters
1731 Technology Drive, Suite 350
San Jose, CA 95110, USA
Phone
+1-408-899-7200
Email
info@jadeglobal.com
Website
www.jadeglobal.com
USA I CANADA I UK I AUSTRIA I INDIA
www.jadeglobal.com
THANK YOU
To Know More About our Services, Visit:
https://www.jadeglobal.com/netsuite
8. 8
Headquarters
1731 Technology Drive, Suite 350
San Jose, CA 95110, USA
Phone
+1-408-899-7200
Email
info@jadeglobal.com
Website
www.jadeglobal.com
USA I CANADA I UK I AUSTRIA I INDIA
www.jadeglobal.com
Read Blog
https://www.jadeglobal.com/blog/netsuite-ap-accounts-
payable-automation