Empower Your Accounts Payable Team with an Intelligent Automation Solution for Faster, Easier, and Smarter Processes

Are you feeling the pain of manual AP?
These common challenges are costing you time and money:

• Data entry errors: Manual data entry can lead to overpayments, penalties, and unreliable financial reporting.
• PO/Invoice discrepancies: Mismatched invoices between purchase orders and invoices can slow down approvals and payments.
• Time-consuming matching: Manual invoice matching processes can be tedious and eat up valuable resources.
• Inefficient approvals: Managing approvals across departments can be a bottleneck, leading to delays.

All the Essential Features for Intelligent AP Automation

The Precise AP Automation Suite has been meticulously designed to complement the purchasing capabilities of Epicor Advanced Requisition Management (ARM) which, seamlessly integrated with Epicor Kinetic, delivers enhanced automation, collaboration, and visibility across the entire purchase-to-payables process.

• Simplified Invoice Document Management: Queue up supplier invoice documents to form a worklist that minimizes the risk of an invoice being missed or double-entered. Invoice documents are stored and indexed in your document management platform making searching and retrieval a breeze.
• Streamlined Invoice Entry: AP Invoice transactions can be created through an intuitive user interface that displays the original digital invoice document side-by-side on the invoice entry screen, streamlining the entire data entry process.
• Smart Invoice Capture: Take invoice capture to the next level. With this optional, AI-powered OCR add-on, invoices are automatically captured and extracted for processing. This significantly reduces the cost and potential errors associated with manual invoice handling.
• Smart Risk Analysis: This additional features that comes with Smart Invoice Capture, uses AI-powered machine learning to identify potentially suspicious activity as it happens, acting as an early warning system to give your team the insights they need to minimize the risk of financial fraud.
• Powerful Invoice Workflows: The sophisticated Approval Workflow Engine offers multi-dimensional, line-level controls, combined with delegations and escalations, to ensure that any invoice requiring manual review is always routed to the right person at the right time, avoiding costly delays and improving spend control.
• Automated Invoice Matching: The Smart Invoice Matching feature uses an intelligent matching algorithm combined with configurable tolerance rules to streamline the traditionally complex invoice matching process, reducing manual intervention and improving cross-functional communication to resolve matching exceptions, all within a single, unified platform.
• Data and Analytics: This add-on module, enables you to use the data in the system to help identify process bottlenecks and uncover process improvement opportunities that help you further optimize your AP processes.

Explore our Resources

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Empower Your Team, Transform Your Financials with Precise AP Automation Suite

The Precise AP Automation Suite is an intelligent, innovative platform that has been designed with the transformative business outcomes of AP automation at its core.

• Increased Efficiency: Intelligent automation speeds up every aspect of your accounts payable process, meaning faster turnaround times, fewer delays, and reduced Days Payable Outstanding (DPO).
• Enhanced Visibility: Real-time tracking of invoices provides greater transparency into your AP process and can lead to efficient invoice processing, improved visibility, and better cash flow management.
• Improved Compliance: Embedding your business rules into automated workflows, ensures consistent application, helping to enforce internal spend controls and maintain compliance with financial regulations. 

Trusted Epicor Partner

Precise Business Solutions has been a trusted Epicor partner for over 25 years. Understanding our customers’ needs led us to developing custom software solutions for them, filling gaps and solving real problems.

Nowadays, we have a fully functional software development house, producing commercialised add-on companion products that are sold globally through the Epicor network. We are very proud of the products we have developed and the passionate team that makes this possible.