Kofax Reshapes the Financial Process Experience by Seamlessly Integrating Scalable, Multi-Tennant Invoice Capture and Accounts Payable in the Cloud
Today’s financial transformation initiatives are sending CFOs and Finance executives in search of technology to reinvent business operations. While the challenges driving organizations to improve financial management processes have not changed, new solutions have emerged for fast, affordable process automation. One such solution is cloud-based accounts payable (AP) automation.
Organizations that have adopted AP automation in the cloud have overcome inefficient and costly manual work to benefit from improved data accuracy, lower processing costs, reduced IT requirements, better financial controls and more centralized AP processes.
Kofax ReadSoft Online™ automates accounts payable processing by capturing, extracting and verifying invoices and integrating with ERP software and partner applications in the cloud. This highly scalable, mulit-tenant cloud solution features an intuitive user interface. Built on the Microsoft Cloud, setup is quick and does not require special IT infrastructure. For enterprises and large-scale ERP customers, ReadSoft Online standardizes the process across varied landscapes to reduce costs, minimize errors, boost productivity and improve supplier relations.