Accounts Payable Suite
Invoice management is one of the most time consuming and costly tasks for any company. Studies show that
the significant pain-points include: missed discounts, exception handling, lengthy cycle time, lost or misplaced
invoices, and lack of visibility and control. Norikkon’s APay™ Suite, Accounts Payable (AP) automation for SAP eliminates the pain. Our APay Suite
solution is fully functional out-of-the-box or customizable to meet your specific requirements.
Our Accounts Payable (AP) automation for SAP solution, APay Suite, provides a powerful application environment, in SAP, for an organization to process invoices in the most
efficient way possible, by bringing all the pieces together. It also serves as a management tool to monitor invoices and invoice workloads inside and outside of SAP. In addition,
it provides accurate real-time analyses of invoice cycles and status, not to mention cash flow. Our Accounts Payable (AP) automation for SAP solution, APay Suite, is
comprised of APay Ledger, APay Center, APay Mail, APay Vendor Notification, and APay Portal.
Key Features
| Integration |
Fully integrated in SAP and all SAP certified third-party applications. |
| Templates |
Best-practice SAP templates, use out-of-the-box or customize. |
| Data Validation |
APay takes the captured invoice data and compares it to information already in SAP to determine if an exception has occurred. |
| Invoice Routing |
The routing of invoice work items can be rule-based on your specific requirements or fully integrated into your SAP HR organizational structure. |
| Visibility |
The dashboard view provides pertinent information about each invoice and lets the user know the status by use of colored markers, known as traffic lights. |
| Exception Mgmt |
Exceptions are automatically routed and a work item is sent to the appropriate user or user group. |
| Invoice Posting |
APay offers background posting, pre-fill posting or 3-way match posting. |
| Audit Control |
APay Suite helps companies meet GRC requirements by creating an audit trail of each transaction that occurs in the processing of an invoice. |
| Import/Export |
Ability to export ledger information to standard spreadsheet applications (Excel, Crystal Reports, etc) for further processing or documentation – can be imported back into SAP. |
| Batch Print/Download |
APay Batch offers the capability of marking multiple documents at once and either printing a PDF or downloading to a file or external medium. |
| Reporting and Analytics |
A dashboard view provides instant status visibility of all captured invoices based on an extensive search capability. Analytic functionality provides real-time cash flow reporting. |
| Security |
Only those with authorization or specific roles have access to information or are automatically provided information within their work center. |
Enhancement Modules
| Email Archiving |
APay Mail archives all exception and approval emails and links them to the appropriate accounting documents. |
| Vendor Notification |
APay Vendor Notification sends an automatic status notification to your vendors: invoice received, invoice being processed, invoice discrepancy, invoice paid. |
| Web Access |
APay Portal offers the ability to view the dashboard and analytics outside of SAP via the Internet. |
Add-on Solution
| Mass Print/Download |
Print-It for FI allows you not only to mark (batch) the invoice for printing or downloading, it will also print supporting documentation. Offers an extensive search criteria feature. |
