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AP Automation ROI Calculator

Future-Proof Accounts Payable with Digital Workflow Automation

Creating efficiencies across your invoice-to-pay lifecycle⁠—on premise or in the cloud. 


Modernizing the Accounts Payable Process

Recent studies show that AP processes are very expensive without automation, and many times, the true costs are unseen. By simply eliminating manual tasks, automation can provide significant cost savings. With Kofax’s industry-leading AP software you can also optimize vendor portfolios, avoid duplicate or erroneous payments and take advantage of early payment discounts.
AP Automation Diagram

By harnessing digital workflow capabilities to transform the accounts payable process, you can:

invoice cycle times

processing costs

controls to reduce risk

process visibility


Resources to Help You Execute and Automate AP Workflows


AP Departments Face a Challenging Landscape


of invoices received arrive in paper-based format


report the invoice approval process takes too long


of time spent handling
invoice exceptions


average cost to manually process traditional invoices

Automation Provides Substantial Advantages


lower processing cost per invoice


times faster to process a single invoice


lower invoice exception rate


higher rate of ‘touchless’ invoices

What Our AP Automation Customers Are Saying

Since we went live with Kofax AP Essentials (formerly ReadSoft Online), we’ve not had a single instance of a double payment: a 100 percent accuracy rate for the solution.
Ferdia Doherty
Financial Controller, Myhealth Medical Group
The main benefit has to be the visibility we now have across the organization. We have access to real-time management information and KPIs which allow us to identify themes for continuous improvement, and we have visibility to oversee the entire process, ensuring adherence to our standards and working practices.
Alan Ronald
Head of Global Business Services, Devro
Use Cases

Critical Capabilities to Achieve End-to-End Accounts Payable Automation

AP Document Intelligence 

Process financial documents in any format or language, across multiple channels. 

E-Invoicing & Portal 

Send and receive XML invoices while providing a portal for suppliers to get started. 

Dynamic Workflows 

Automate and customize simple or complex AP approval and exception workflows. 

Cloud & ERP Integrations

Securely connect with any financial management system using pre-built connectors 

Automation Beyond AP

Scale automation beyond accounts payable into other accounting and finance workflows. 

Blurred business office shopping mall

Take a Test Drive

Whether you need to digitally transform a simple task or an end-to-end process, we can help you do it.