AP Automation

AP Automation (or Accounts Payable Automation) means that you can automatically extract information from your incoming invoices and match this against your AP system. This will give you better control over your accounting process. AP automation will also make processes faster and less expensive.

ReadSoft DOCUMENTS for Invoices is a software solution which captures information from invoices and validates it against your Accounts Payable system or ERP system. Our AP Automation software has certified integration to most AP systems such as MySAP ERP and Oracle E-Business Suite.

By using AP Automation, you can speed your accounts payable processes, using less staff. Since you will have a fully electronic accounting procedure, AP Automation brings you better control and less human errors.

How AP Automation works

Paper invoices are scanned, and electronic documents are received. From the digital images, the AP Automation software extracts information. After the correct information has been extracted, the software interacts with financial systems such as SAP and Oracle and compares invoice numbers, goods received, purchase ledger, etc.

The level of AP Automation is defined by the user. At the highest level of AP Automation, no one even has to see the invoice after scanning. The accounting process (information extraction, verification against business systems and approval) can be fully automatic.

The No.1 player in AP Automation

With some 2000 customers all over the world, ReadSoft is the largest supplier of software for AP Automation to the enterprise. Millions of invoices are processed every year with our award-winning AP Automation software.