ACCOUNTS RECEIVABLE AUTOMATION

WHY ACCOUNTS RECEIVABLE AUTOMATION MAKES SENSE

Accounts Receivable, as with Accounts Payable, forms an integral part of optimal business health and profitability. Ensuring visibility and efficiency throughout the process is essential for your organisation to realise its full potential

The Accounts Receivable solution enabled by Kofax TotalAgility automates the process of matching remittance information with customer invoices. It reduces the amount of unallocated cash and open items that an Accounts Receivable department has on account and makes important data more visible. As a result, there is increased efficiency internally and customers experience an improvement in service.

With Kofax’s Accounts Receivable solution, payment receipts are automatically captured as they arrive from various sources, enabling real-time visibility of all receipts in progress. Payments are able to be applied immediately to the correct invoices and quickly reconciled with customer billings in your financial system.

HOW IS ACCOUNTS RECEIVABLE AUTOMATION ACHIEVED?

There are two products within the Kofax suite of products that offer a solution for Accounts Receivable Automation. Kofax TotalAgility is a versatile platform, built on highly flexible architecture, which successfully addresses the needs of organisations for smart business process applications. Kofax Kapow offers robotic process automation and can run as a stand-alone product.

Efficiency Leaders Accounts Receivable Automation with Kofax Kapow and Kofax TotalAgility

KOFAX TOTALAGILITY

Kofax TotalAgility is a truly versatile platform, built on highly flexible architecture, which successfully addresses the needs of organisations for smart business process applications.

Efficiency Leaders RPA solution with Kofax Kapow

KOFAX KAPOW

Using Robotic Processing Automation, Kofax Kapow easily acquires, enhances and delivers information from almost any application or data source – all without the need for any coding – meaning it’s suitable for all organisations, no matter how small or large their data acquisition requirements are.

EFFICIENCY

Increase efficiency and speed in the Accounts Receivable process by automating the manual human-resourced tasks

ACCURACY

Increase the accuracy of issued invoices and provide reliable information to deal with disputed or delinquent accounts

VISIBILITY

Increase visibility of all important accounts receivable data and achieve real-time decision-making capability

PROFITABILITY

Increase profitability and achieve superior cash-flow management

AUTOMATE YOUR AR PROCESSING WITH EFFICIENCY LEADERS AND KOFAX

Efficiency Leaders, together with our Solutions Partner, Kofax, provides a range of solutions and products that streamline and automate the AR process. Kofax combines market leading capture, process management, analytics and mobile capabilities that enable organisations to increase their responsiveness to customers, provide better service, gain a competitive advantage and experience greater growth while reducing operating costs. The Kofax TotalAgility platform – an “automation super-highway” – enables superior business process automation and will dramatically transform your organisation’s AR processes.

Automate your Accounts Payable with the Kofax TotalAgility platform

Efficiency Leaders can help you transform your organisation with our range of superior products, innovative solutions and capability for seamless integration. Let's talk!

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