Accounts payable smart process application from Kofax

Kofax has unveiled TotalAgility AP Automation, which blends capture, process management, mobile and analytics capabilities. AP Automation is the first smart process application solution built on the new Kofax platform. And, although it can be used with any accounting or ERP system, the solution offers tight integration with Microsoft Dynamics AX. Similar levels of integration with other accounting and ERP systems can be achieved using Kofax Professional Services.

The company reports the AP Automation solution features:

accepting invoices in a variety of formats, including paper, faxes, e-mails, Web portals, XML and EDI data streams, and mobile devices;

capturing and delivering high-quality digital images from paper invoices;

extracting and validating all business-critical data contained in the invoice;

reconciling the inevitable exceptions that occur between invoices, purchase orders and receiving information;

enabling AP managers to access business intelligence and analytics tools to view near real-time metrics surrounding invoice capture and AP automation;

affording a pre-built framework that integrates to any on-premise or cloud-based accounting or ERP system while offering out-of-the-box integration with Microsoft Dynamics AX; and

reducing the installation footprint by using browser-based interfaces and a service-oriented architecture.