A good automated financial system can benefit companies of all sizes by automating processes and reducing hours of tedious work. With Yooz, you can leverage real-time invoice capture and automation with seamless integration with your financial system, allowing you and your business to focus on what really matters.
Yooz’s AP automation software pushes and pulls data to and from the ERP system instantly, ensuring everything's always up to date.
Yooz also pushes the image of each individual invoice to an ERP system.
Yooz talks to the purchasing module and pulls relevant purchase orders and recipients.
In addition to invoices, Yooz pushes other document types to close a purchase order (P.O.) and updates the invoice to "paid" directly in the ERP system.
Manually processing invoices is time-consuming, resource-intensive and error-prone. That is why leveraging payment processing automation with NetSuite ap automation is so important. Accounts payable automation has long been ripe for transformation. The repetitive nature of the job makes it an obvious area that can stand to significantly benefit from the help of technology. Yooz Accounts Payable Automation features full integration with NetSuite, meaning that everything you do in the Yooz platform automatically and accurately syncs with with NetSuite without the need to get involved.
Not only that, but Yooz has ‘Built for Netsuite’ status, meaning that Yooz’s cloud-based accounts payable system meets the strict development standards and best practices of the Oracle NetSuite SuiteCloud Platform. Invoices can be received and originate from any kind of source, such as email, supplier portal, or mobile. Once collected by Yooz, the technology records them in the NetSuite system, updates the information in real-time, and sends images of invoices directly to the NetSuite software to be processed - all without the need to press a single button.
But it’s the wider benefits to the entire business that really sets AP automation apart from other technologies, including:
The partnership between DealerTrack Technologies and Yooz ensures a better buying, borrowing, and service experience for both employees and customers. Of course, there are numerous cost and time savings, however the integrated DMS and AP automation system also provides a holistic view of real-time data which in turn, allows both management and employees to have the right information to leverage at the tight time, making strategic decisions backed by actual market and operational insights.
Integration of an AP automation platform such as Yooz with QuickBooks provides businesses with a better, more comprehensive, and customized payable process. Small and medium-sized businesses have access to the same technology as larger organizations and reap similar benefits. The ability to achieve a highly optimized process means that it's worth writing a new chapter with your QuickBooks installation. One with straight-through processing, where humans have to rarely or never touch an invoice once captured by the system. One which save time and money. Learn more about QuickBooks AP automation powered by Yooz.
Having an automated AP system doesn’t necessarily mean that you’ll also have an automated vendor payment system. However, NOT having one in place means that you are possibly missing out on significant benefits. It also means that your automated system can actually be even more streamlined; instead of purchase-to-pay your system becomes purchase-to-payment.
Interested in staying competitive in today’s business world? Discovering that relying on traditional manual processes in the finance department such as data entry, filing, payment no longer work? The answer could be AP automation. Simply by implementing a platform with an AP automation and ERP integration, organizations can effectively maneuver the fast-paced business landscape, adapt to evolving demands, and sustain a competitive advantage.
Unlock the potential of global trade through streamlined cross-border payments using automated solutions. With cross-border B2B payments project to exceed $40 trillion by 2024, the need for efficient payment practices is key to growth and success. Discover the challenges of traditional methods, explore various payment options, and understand the main advantages and challenges of cross-border payments.
Hospital vendor management systems play a crucial role in reshaping healthcare operations by streamlining procurement, payment, and compliance. By providing real-time insights and enhancing accuracy, these systems drive cost savings and empower data-driven decision-making,
Are you ready to learn more about seamless integration between Yooz AP automation system and automated financial systems or ERPs or have any question about AP automation? We'd love to hear from you!
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