Accounts payable automation in the cloud

ReadSoft accounts payable automation software immediately extracts and enters the data from your supplier invoices into a secure online site, allowing you to access, verify, and approve the information easily, from any location.

AP Automation in the Cloud - concept

  
Low-cost and easy-to-implement invoice capture

ReadSoft Online is a proven route to realizing the benefits of automated invoice processing without the expense of large-scale IT implementations. This web-based service captures and interprets the information on supplier invoices and indexes it for accurate entry into your ERP system or workflow. If you don’t have a workflow, you can take advantage of the built-in workflow within ReadSoft Online.

By processing invoices in the cloud, your organization is freed from the costs of a server, software, and hardware maintenance, and your staff is freed from the error-prone work of entering invoice information. Invoices become available online for verification and approval within moments of arrival.

Key features and benefits

  • Capture in the Cloud - Check BoxesFast and simple invoice access, available anywhere
  • Quicker invoice processing to take advantage of early payment discounts
  • Greater visibility and control of accounts payable processes
  • No hardware investments or maintenance headaches
  • Constant access to ReadSoft’s latest technology updates
  • The cloud provides a single point of entry for
    decentralized invoice processing
  • Scalable pricing model – pay only for what you use
  • Minimal amount of training and set-up required 
  • Ideal for lower invoice volumes, traditionally expensive to process

Immediately turn your invoices into information
that AP can act on

Getting ready to process an invoice requires nothing more than logging in. The software carefully reviews your pending invoice files and extracts the important information.

Ready, set, process

As long as you have a web connection, you can access ReadSoft Online. Implementation is simple, and return-on-investment realized quickly.

AP automation in the cloud - Video

  
In general, here’s how it works

Capture In The Cloud Process Flow
Capture In The Cloud - Scanning

Scanning 

  • Paper invoices are scanned so digital files are created. 
  • Invoice images are uploaded to ReadSoft Online, along with any electronic invoices received.
Capture In The Cloud - Processing

Processing

  • Relevant information is extracted from the invoice files and indexed as searchable fields.
  • Missing or inaccurate information is flagged for review.
Capture In The Cloud - Verification/Approval

Verification/Approval

  • Verification of data, allocation (optional), and invoice approval are all completed through the user-friendly ReadSoft Online web interface.
  • When validated, all data, including the invoice image, is automatically routed to an AP workflow (available within ReadSoft Online) or ERP system. 
  • Invoices files are automatically archived or stored either in ReadSoft Online or in an external system.  

This is how other companies have used our solutions
  

Online Capture - NRH - Reference case

Big benefits with anytime, anywhere access to invoices

Swedish accounting firm Norra Redovisningshuset now has all of their invoice and payment information available anywhere, anytime, thanks to ReadSoft Online.

Reference case

  

  
Reference cases for all solutions and industries can be found here.

Learn more about capture in the cloud
 

Online Capture - Processing invoices in the cloud or on premises - White paper

Processing invoices in the cloud or on premises – pros and cons

Advances in computing power and storage capabilities over the years have made it possible for organizations to choose from a number of options for process automation. Successful deployment of technology depends on an understanding of what is needed and why.

White paper - Please register to downloadGated Content - Padlock


 
PDF Brochure Icon

ReadSoft Online: AP Automation in the cloud

ReadSoft Online is a cloud-based service for AP automation that digitizes and enters supplier invoices from paper, pdf, and document image files. By having all invoices immediately accessible on the net with the option of straight-through processing, you minimize manual work and enable bottom-line improvement.

Brochure
 

 
PDF Brochure Icon

AP automation in the cloud for Microsoft Dynamics AX - Brochure

Gain productivity, efficiency, and control over AP processing by sending invoices to the cloud with Microsoft-certified ReadSoft Online. ReadSoft offers the first and only Azure-based AP automation solution for Dynamics AX.

Brochure


 
PDF - Whitepaper Icon

A Compelling Case for AP Automation in the Cloud

This white paper covers the benefits of AP automation and Software-as-a-Service, then explores the inherent benefits of using cloud solutions in the AP landscape. It also provides a guideline for achieving optimal efficiencies when using AP automation in the cloud.

White paper Please register to download


  

Please visit our Resource Library to find out more - here you will find all our brochures, articles, white papers, fact sheets, reports, and other material.