1
NetSuite Accounts Payable (AP) Automation
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
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?
• 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?
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
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
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
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

NetSuite Accounts Payable (AP) Automation.pptx

  • 1.
  • 2.
    What is AccountsPayable 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 manyreasons 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 manualerrors 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: Invoicescan 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 isa 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