Automate AP Processes To Drive Organizational Performance

Date : 30-Oct-2020
Location: Global


Kofax, Intelligent Automation helps you digitally transform your organization's most important, information-intensive workflows at scale. 

Key Takeaways:


Kofax AP Agility,an AP invoice automation solution, helps to reduce costs, speed  processes, improve quality and strengthen internal controls - with features ranging from basic OCR data capturing,customizable approval workflows to pre-built integrations with ERP connections.

The benefits are:

  • Lower costs
  • Get rid of manual paper processes
  • Improve cash management
  • Reduce labor-intensive operations

Automation yield positive enterprise sentiment
Automation yield positive enterprise sentiment


Zakir Ahmed, Senior Vice President and GM, Asia Pacific & Japan at Kofax.

Zakir Ahmed, Kofax
Zakir Ahmed, Kofax


High performing companies make significantly better use of information and analytics to gain visibility and strategic insights that drive their performance.

Best Practices:

Future proof their AP organization :

  • Centralization of AP processes :
    • Creating a single connection point to send and receive E-Invoices
    • Implementing supplier master data standards
    • Standardizing global supplier payment terms
  • Deploy predictive model.
  • Ensuring compliance across the board covering all suppliers.
  • Creating simple real-time dashboards (scorecards, KPIs) via automation - provide AP leaders. with on-the-fly access to information.

Editor's Comments:

When you are receiving too many invoices, you will need a system to enhance the performance of your Accounts Payable team.