Centsoft Announces AP Automation for Small Business

by PRC Agency PR

Centsoft, a leading provider of accounts payable automation, has announced AP Automation for Small Business, complete with invoice data capture and automated approval workflows. The cloud-based SaaS application provides small businesses the opportunity to eliminate the drudgery related to vendor invoice processing.

Centsoft provides small business owners with an easy-to-use intuitive system for capturing invoice data from incoming supplier invoices. Invoices are put into an approval workflow to managers and supervisors for approval, and invoices can be approved 24/7 on smartphone, tablet, or desktop.

https://centsoftautomation.com/ap-automation-for-small-business/

Many small business owners wear several different hats. They want to automate repetitive tasks and focus on higher value work.

Centsoft reduces manual work in several ways. Manually keying vendor invoice data into an accounting system is not a good use of time. Centsoft automatically captures invoice data into a central dashboard, where the invoices can be viewed, managed and processed.

Finance administrators spend a lot of time chasing down approvals for the purchases made by different people in the business. This is usually done with emails and phone calls, and using spreadsheets to track the invoices related to different projects.

Centsoft provides an automated approval workflow, so that approvers can approve the invoice on their smartphone, tablet or desktop. Administrators can see where every invoice is in the approval process. Once approved, invoices are then sent to the accounting system or ERP for recording and payment.

“Centsoft integrates with popular accounting systems like Quickbooks and SAP Business One” said Steven Stachyra, Sales Executive for Centsoft, “and that includes ERPs like Dynamics 365 and NetSuite.”

Invoices arrive by mail or email, and are scanned by Centsoft. The data inside each invoice is then populated in an intuitive central dashboard. Finance administrators can check that the data is accurate, make adjustments, apply coding and send the invoice out for approval.

Artificial intelligence works in the background to learn account codes and over time makes suggestions on how to code items on each invoice.

A searchable invoice archive in the cloud gives administrators access to invoices after they have been paid, which is useful for external audits and internal investigations.

Centsoft gets high marks for “ease of use” on third party software review sites. Reviewers for AP automation software say that “ease of use” is one of the most important things they consider when making a purchase.

To find out more about Centsoft AP Automation for Small Business, visit https://centsoftautomation.com/ap-automation-for-small-business/

About Centsoft

Centsoft offers a robust, cloud-based AP Automation platform to streamline all of the steps in the accounts payable process. Centsoft’s AI learns and proactively suggests vendor information and coding suggestions. Centsoft is a leading provider of SaaS solutions that automates the management of incoming invoices for over 1,600 companies. Centsoft easily integrates with popular ERPs and accounting systems.

https://centsoftautomation.com