Archive for Invoice Automation

Lawyers Mutual adopts paperless invoicing powered by CloudTrade

CloudTrade's e-invoicing and e-document solution helps community of leading lawyers drive back office savings and boost efficiency

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Introducing: the E-invoicing Yearbook 2017 - Q1 [Free download]

Introducing: the E-invoicing Yearbook 2017 – Q1 [Free download]

As each post is interesting and newsworthy by itself, this is increased when we sort these posts in the sections underneath. In the first quarter of 2017 alone we published 103 posts sorted into 'trendy' categories. Download the free 'E-invoicing Yearbook - Q1' right now, right here [PDF, 112 pages]

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Pagero raises EUR 10 million for international growth

The company says it will use the funding to expand in Europe and North America, and to expand its workforce to 250 employees.

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A winning e-invoicing program – Premier Foods [webinar replay]

Learn how Premier Foods streamlined their financial supply chain with their ‘Payment on Time’ climbing to over 90% and cost per invoice dropping in record time, achieving 100% of their mission critical KPIs with Taulia.

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Robotic Acccounting startup raises USD30 million investment

UiPath, a New York-based company that uses computer-vision to automate repetitive business processes involving software, has raised $30 million to help expand globally, according to DigitalCommerce360.

The move comes as companies increasingly look to artificial intelligence to solve the sorts of routine tasks, such as checking invoices and inputting data from human resource forms into databases, that they once outsourced to low-cost human contractors.

UiPath’s software, unlike most macros, can carry out tasks across any software the business is using. In addition, users can train the tool with a set of rules or steps for analyzing the data it is handling. For instance, it could look up data from an SAP system, check if it meets certain conditions, and then input it into a Salesforce database.

UiPath says that it has 200 customers, including Lufthansa, Generali, Telenor and Dong Energy. It also has partnerships with consulting firms Deloitte and Capgemini, which often recommend its products to their clients.

The market for what is known as robotic process automation software is expected to reach $8.75 billion annually by 2024, up from about $125 million in 2015, tech research firm Grand View Research wrote in an October 2016 report. Grand View estimated that these software solutions are, on average, 60 percent cheaper than using humans to perform the same tasks and cost 30 percent less than using contractors in low-paid countries, such as India.

With the $30 million new investment, UiPath said it will be adding more “cognitive capabilities” to its product, such as natural-language processing and document sorting, so that it can handle both structured and unstructured data.

Infographic: What’s the Forecast for your AP Performance?

April 28, 2017  |  Invoice Automation

Do you know what lies ahead for your department’s AP workflow? Tired of seeing your AP workflow through gray clouds and uncertainty? Find out how you can change your manual AP functions to automated processes.

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Could you be saving up to 80% in payables processing? Find out now!

April 21, 2017  |  Invoice Automation

AP automation helps tackle the paper-intensive processes reducing your productivity. Use this calculator to determine just how much your company's AP practices are costing you.

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How to reduce costs and optimise working capital with e-payments

April 18, 2017  |  Invoice Automation, Payment

The movement towards electronic payments has empowered AP departments to move from simply an operational role within organizations to offering strategic value to the entire company.

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Integrated Payables: why holistic AP transformation is the best path forward [download]

Download this white paper for a clear blueprint of the technology, expertise, and resources that come together for a successful AP transformation.

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Mandatory E-Invoicing on the horizon in Costa Rica

One Latin American country that currently does not mandate e-invoicing, Costa Rica, will soon join the 10 countries where this business process is required.

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