AP Automation Solution from CIIS combines Canon’s expertise in imaging and business process automation. We specialize in automating complex AP processes for companies with volumes of invoices, lots of vendors, multiple locations, multiple currency and connection with multiple enterprise applications. The solution leverages our team’s consulting, customization and delivery capabilities, deep understanding of AP and ERP systems, as well as Canon’s outstanding technologies in image capture, data extraction, application integration, and content management. Benefits for our clients include:
- Automated invoice processing, approvals and payments, to reduce errors, shorten payment cycles, and avoid late-payment fees;
- Standardized process across the organization, for exceptional efficiency gains and improved team collaboration,
- Significantly improved accuracy of invoice processing with reduced manual steps;
- Increased compliance and information governance, clear audit trails;
- Vendor consolidation – for cost savings and improved vendor relations;
- Real-time visibility into project expenses – through a dashboard, to avoid over-budget spending;
The AP Automation Solution provides robust document capture through OCR technology, with high extraction performance and ability to capture line items, auto- classify and validate content from invoices by comparing with related documents. The solution is capable of easy document archiving and retrieval, with the ability to access the invoice image from inside your ERP system. The flexible, scalable system enables creation of customized business processes and streamlines process management.