As you work toward your digital future, some traditional priorities remain – reducing invoice processing cycle times and driving down costs in accounts payable (AP). To move the needle, it’s time for automation.
Kofax IP Agility transforms tedious manual data entry into revenue-generating, automated operations. The solution takes Kofax leadership in content capture to new heights by capturing all invoice data in any format from any source. Then it goes even further with extraction, classification and validation to reduce labor-intensive tasks for both PO and non-PO invoices. That adds up to lower costs and shorter cycle times.
You can achieve this completely new level of automation using the deployment model of your choice (public cloud, private cloud or on-premises) and use rich analytics to manage progress. And the solution grows with you as part of the Kofax TotalAgility™ digital transformation platform.
Deeper Automation with Artificial Intelligence
IP Agility uses embedded AI to automate the recognition, identification and extraction of more text and data from more channels and content types than any other capture solution.
Deploy as you like: Cloud or On-premise
IP Agility is available for single-tenant or multi-tenant options, and deployable on-premise, or in your own private cloud or in the Microsoft Azure public cloud. Choose public cloud for added benefits of instant scalability, reduced costs, less IT dependency and faster time-to-ROI.
Best-in-class AP teams achieve per-invoice processing costs that are 82% lower than their peers, and invoice processing times that are 71% faster than all other groups.
Realize true cost savings
Get accurate invoice data into your ERP faster regardless of format
Free AP staff from manual work and errors
Achieve straight-through processing regardless of size
Strengthen supplier relationships
Realize a fast return on your investment
Speed Your Invoice Processing
Cut invoice cycle times by automating invoice capture, extraction, classification, formatting and validation. IP Agility offers:
Enhanced Data Matching and Validation
Ensure payments are timely, accurate and complete with 2-way and 3-way line pairing.
Automated General Ledger (GL) Support
Select a GL code manually and the solution retains vendor id, item line description, material number and GL code for next time.
Tax Code Processing
Automate the determination of tax codes and tax jurisdiction codes from invoice, vendor and PO data and apply rules for paying taxes.
Enable subscribed vendors to submit invoices as emails with attached XML for interpretation as XML invoices and rendering images.
Process invoices for many countries with one solution.
Automated Classification and Sorting
Save time as non-invoices and misdirected emails are removed from the process and invoice type is automatically determined.
AP and ERP Integration
Integrate with any ERP, including SAP, Microsoft Dynamics AX, Oracle PeopleSoft, and Infor Lawson S3, as well as Kofax ReadSoft Process Director™ and Kofax Markview™ for AP.
Secure and Stable Solution
Choosing the Azure Cloud option gives you additional peace of mind with Azure Security and Compliance via a high-availability, scalable, multi-site solution, featuring automatic load balancing for reliable business continuity.
Ready to learn more about Invoice Processing Agility?