Imagine a world where your financial team spends less time wrestling with paperwork and more time driving strategic initiatives. For users of Infor SyteLine, this isn't a distant dream but an achievable reality through automated invoicing.
The Power of Automated Invoicing
Automated invoicing revolutionizes the way businesses handle their accounts payable. By harnessing the power of artificial intelligence and machine learning, it streamlines the capture, validation, and processing of invoices. This means no more manual data entry, fewer errors, and a faster approval process as invoices are automatically matched with purchase orders.
5 Key Benefits of Invoice Automation
Invoice automation is more than just a convenient tool. It offers a complete transformation of your financial operations. The numbers tell a compelling story: Companies that embrace automation typically reduce their processing costs by up to 80% while cutting invoice handling time in half.
But the benefits go far beyond just efficiency, including:
Enhanced Accuracy and Speed
An automated system processes invoices in minutes rather than days, ensuring your financial picture is always up to date. Your financial data stays current and reliable through automated validation and matching processes.
With real-time updates and automated error checking, you'll catch discrepancies before they become problems.
Substantial Cost Savings
By eliminating manual tasks, your team can focus on value-adding activities. You'll not only reduce operational costs and avoid costly late payment fees, but also capitalize on early payment discounts that might have been missed in a manual process.
Reduced Errors
Machine learning continuously improves invoice recognition, ensuring invoices are correctly linked to purchase orders. This not only saves your team time and headaches, but also ensures your vendors are always paid accurately and on time.
Improved Financial Control
Real-time visibility into your payables gives you greater control over cash flow. You'll always know exactly where every invoice stands in the process, making it easier to manage vendor relationships and optimize payment timing.
This transparency also strengthens your audit trail and compliance processes.
Scaleable Growth
As your business grows, you want your system to grow with you. Whether you're processing hundreds or thousands of invoices, an automated system adapts seamlessly without requiring additional resources or complicated modifications.
Choosing the Right Invoice Automation Partner
By selecting the right automation partner, you can take full advantage of Infor SyteLine's capabilities. But there are many things to consider when choosing the right invoice automation tool for your needs.
Consider key factors, like:
- Seamless Integration: Look for solutions that work directly with Infor SyteLine and your existing systems. The best integrations feel seamless, not disjointed.
- Security and Compliance: Your chosen solution should offer bank-grade security features and maintain compliance with relevant regulations. This includes robust data encryption and regular security updates.
- Customization and Flexibility: Every business has unique processes. Your automation solution should adapt to your workflows, not force you to change them.
- Analytics and Insights: Choose a platform that provides detailed analytics and reporting capabilities. These tools help you optimize your processes and make data-driven decisions.
- Support and Training: Ensure your provider offers comprehensive support and training resources. A smooth implementation sets the foundation for long-term success.
- Cost: Ensure the pricing aligns with your budget, accounting for any additional fees.
- Scalability: AI-powered systems adapt as your business grows, handling increasing invoice volumes with minimal additional resources.
Nimbello + SyteLine: A Perfect Pairing
Nimbello is built by SyteLine experts for SyteLine users, ensuring seamless AP automation without the need for complicated workarounds.
Our deep understanding of the system’s intricacies allows us to integrate effortlessly, ensuring your existing workflows are improved, not interrupted. And with real-time access to PO and vendor data, Nimbello streamlines matching and reconciliation — making your ERP more powerful than ever.
Connect with Nimbello at the SUN Conference
We're excited to share that Nimbello will be attending the 35th Annual SyteLine User Network (SUN) Conference from February 24-26, 2025, in Anaheim, California. This event is a fantastic opportunity to connect with industry experts, gain valuable insights, and discover the latest trends in SyteLine and manufacturing.
Visit our booth to learn how our automated invoicing solutions can transform your financial operations!
Are you a SUN member?
For a limited time, Nimbello is offering a special discount for SUN members. Contact us today to learn how you can enjoy 15% off your first year of Nimbello.
The Future of Financial Operations
Invoice automation is a strategic investment in your company's future. For Infor SyteLine users, it represents an opportunity to streamline operations, improve accuracy, and free up valuable resources for strategic initiatives.
Ready to set your team up for AP success with Nimbello’s automation solutions? Contact us today!