APProQr Cost Insights

Accounts Payable and Procure-to-Pay Core – Planergy

The APProQr cloud-based Accounts Payable (AP) automation solution streamlines invoice processing and procure-to-pay workflows, delivering significant efficiency gains and cost reductions compared to traditional, manual AP processes and even outperforms the efficiency of enterprise ERP licensing.

Value Proposition

APProQr’s superior compute processing performance stems from its cloud-native architecture and advanced automation capabilities, enabling faster and more accurate invoice processing at up to 80% cost reduction per transaction over cloud ERP competitors. This translates to reduced processing costs, improved cash flow visibility, and minimized errors and fraud risk.

Feature Set

APProQr’s comprehensive feature set automates and streamlines the entire AP process:

• Automated Invoice Capture: Invoices are received electronically or scanned, and data is extracted automatically using OCR and AI.
• Invoice Matching: 2-way and 3-way matching of invoices against purchase orders and delivery notes ensures accuracy and prevents fraud.
• Approval Workflows: Automated approval routing and notifications ensure timely invoice processing and eliminate bottlenecks.
• Payment Processing: Seamless integration with accounting or ERP systems automates payment processing and reconciliation.
• Spend Analysis: Real-time reporting and dashboards provide insights into spending patterns, enabling better cost control and decision-making.

Business Benefits

By automating and streamlining AP processes, APProQr delivers significant business benefits:

• Reduced Costs: Lower processing costs through automation and elimination of manual tasks.
• Improved Accuracy: Minimize errors and prevent fraud with automated matching and approval workflows.
• Faster Processing: Accelerate invoice processing and improve cash flow visibility.
• Increased Efficiency: Free up AP staff to focus on higher-value tasks.
• Enhanced Control: Gain greater control over spending and improve compliance.
• Scalability: Easily scale the solution as your business grows.

Confidence of Benefits Realisation

APProQr’s proven track record, with over 1,200 companies relying on its AP automation solution, provides confidence in achieving these benefits. Testimonials from satisfied customers highlight the significant time and cost savings achieved through APProQr.