Unlocking Efficiency and Accuracy with Azure AI Document Intelligence for AP Automation in Dynamics 365 Business Central

In today's fast-paced business environment, modern finance teams face numerous challenges in managing Accounts Payable (AP) processes. With the increasing volume of vendor invoices and the need for accuracy and efficiency, automating these processes has become paramount. Enter AP Automation for Dynamics 365 Business Central, a solution designed to optimize workflow efficiency and accuracy through the power of Azure AI-enabled OCR.

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Revolutionizing AP Processes

AP Automation for Dynamics 365 Business Central addresses the common pain points faced by finance teams by transforming how supplier invoices are managed. By automating tedious data entry tasks, users can efficiently handle large volumes of itemized vendor invoices, converting PDFs and other formatted data directly into purchase invoice fields. The Azure AI-enabled OCR capabilities ensure accurate data extraction and highlight ambiguous data for review and correction. This, coupled with the text-mapping feature, simplifies invoice processing by assigning specific GL account codes to purchase lines, significantly reducing manual errors.

Key Benefits

·???????? Built on Dynamics 365 Business Central: Leverage the centralized AP automation within Business Central without the need for expensive software add-ons or third-party apps. You only pay for the transactions you process, ensuring cost-effectiveness.

·???????? Full Control: Enjoy full control of the AP automation process with configuration and customization options. Tailor the software to meet your specific needs without compromising quality.

·???????? Increased Efficiency: Reduce manual data entry, eliminate paper-based processes, and accelerate invoice processing times. Enhance workflow efficiency and enable your team to focus on more strategic tasks.

·???????? Improved Accuracy: Minimize errors, avoid late payment penalties, and maintain data integrity throughout the AP lifecycle. Ensure accurate and timely payments to suppliers.

·???????? Cost Savings: Optimize spending, negotiate better terms with suppliers, and identify cost-saving opportunities through improved invoice management.

·???????? Scalability: Seamlessly scale your AP processes as your business grows. Adapt to evolving needs and support increased transaction volumes without compromising efficiency or accuracy.

Key Features

·???????? Azure AI-enabled OCR-powered Data Capture: Seamlessly capture data from supplier invoices using Azure AI Document Intelligence. Eliminate manual data entry errors and save valuable time.

·???????? Invoice Matching and Reconciliation: Automatically match supplier invoices with purchase orders and receipts. Streamline the reconciliation process, minimize discrepancies, and avoid duplicate payments.

·???????? Built into Business Central: Enjoy a unified ERP experience by leveraging existing data and workflows. Enhance AP automation without disrupting your operations or switching between apps. AP Automation is exactly where it belongs—in your Business Central ERP system!

·???????? Automated, Configurable Approval Workflows: Define custom approval workflows to ensure invoices are processed promptly and in compliance with company policies. Reduce bottlenecks and enhance transparency throughout the approval process.

In conclusion, utilizing Azure AI Document Intelligence for AP Automation in Dynamics 365 Business Central is a game-changer for finance teams. It offers a seamless, efficient, and accurate solution to manage supplier invoices, ultimately driving productivity and cost savings. Embrace this cutting-edge technology and elevate your AP processes to new heights.

For more information, reach out to David Blumentals , Director, Dynamics 365 Practice at [email protected] or via WhatsApp at +61 409 245 354 or visit https://d365apautomation.com/