The digital era of technology advancements is blooming and right now the biggest requirement of your business is automation.
One of the major processes is invoice management. So, starting with automated invoice processing in Microsoft Dynamics 365 is quite easy. We at DHRP has a team of experts to ensure the comprehensive technical documentation, integration process, and other best implementation practices to get you automated system. Therefore, to get started with the processing system, you need familiarization with their features.
DHRP is a certified partner of Microsoft and being the one with expertise, we make our plans based on real-time solutions. So, you can further get the top-notch execution of the implementation for the syncing process.
Features & benefits of the Account Payable Automation system
When you implement the AP automated system, you can be in charge of your AP operations with complete control. So, here are the little details that you need to know about the benefits of the account payable system. Additionally, this system is offering you the way to turn all the invoices into the best source of information and you can access it anytime.
1. Improve visibility and control
Take the charge or control invoices as you want. Yes, it is possible because of the dashboards by the system. All of the documents are available in one place. Managers can easily look up to the bottlenecks or manage the workload distribution. The Invoice matching system offers them more clarity on any kind of documents, the staff can access the documents simply through a single interface.
2. Speed invoice processing
The system automatically prepares the invoice based on the data provided. So, the ease of having this feature in your organization is that you can deliver invoices to the users as quickly as possible. Accounts payable invoice automation makes the process enables the users to send and receive invoices immediately.
So, from any kind of issue resolution or the approval of the invoices, the process is managed automatically. Moreover, the consistency of the record-keeping makes all the data available and accessible to the right people. Now, with the DHRP integration process, you can improve the efficiency of invoice processing.
3. Prevent Fraud
The major benefit of having integrated accounts payable system in your Dynamics 365 is that you can prevent or reduce the frauds. The fraud detection feature helps you keep a check on the permission who gets access to it, you can limit the number of rush checks, ensure the proper practices for handling the vendor file, develop protocols for all the payments. And most importantly, train your staff about the automation practices.
Conclusion
We at DHRP has the experts to help you with the smart and smooth integration process of accounts payable in Dynamics 365 finance and operation. So, even if you have a large or a small business, you can still be able to manage the invoices with efficiency, more visibility and reduce the risks of frauds too. So, take advantage of the AI and machine learning by using accounts payable automation small business and communicate better with both vendors and approvers through a single platform.
