Ascend offers a cloud-based solution for enterprises on Workday Financial Management that have complex and unique invoice processing and payments workflows. Through industry leading technology, the Ascend platform allows these businesses to automate Accounts Payable processes seamlessly within existing infrastructure, giving their AP teams time to focus on more strategic tasks.
Ascend has saved customers over 4M hours of manual work and $125M in budget with unmatched capabilities in data extraction, adjustment coding, invoice submission and processing - all with real time updates. Leveraging Ascend removes the limitations on customers around invoice formatting, exception handling, backlog management and more, all within an easy to use interface.
Customers of Ascend experience 360 degree automation - including the option to automate supplier payments to reduce risk of fraud, access full remittance detail with line item capture, and work in real time to realize rebates as a revenue stream.
Key Features include: • Service Level Agreement of 60% for touchless processing - or credit back • Non-PO, PO, and Supplier Contract automation • Supports EDI 810 ingestion and conversion, and ingestion of digital invoices • Intuitive UI / UX for efficient manual processing of exceptions, and invoice backlog management​ • Aggregation of payment and settlement run data • Robust reporting and analytics capabilities • & more!