The Arcplace solutions help organisations to digitize and automate the following steps of the accounts payable process:
1. Invoice Reception
For paper invoices, Arcplace offers solutions for efficiently scanning and capturing invoice data. PDF invoices can be processed using the same capture technology or by using a service, that allows extracting data from PDF files in a fully automated matter. For e-invoices, Arcplace offers solutions for receiving e-invoices from national and international payment providers.
In order to maximize automation, matching is used for invoices that have purchase orders or contracts associated to them. For other invoices, advanced logic and artificial intelligence is used to transfer the invoices to the appropriate people within the organization and for minimizing coding efforts.
Arcplace offers solutions for archiving the invoice together with their audit trails and invoice attachments. The archiving solutions allow organizations to archive invoices in compliance with both national and international laws and regulations.
Do you want to know more about Invoice Automation / P2P?
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In order to optimize the entire Purchase-to-Pay (P2P) process, Arcplace deploys the Basware P2P suite that consists of the following components:
The Purchase-to-Pay process covers all processes in your company "from purchase to payment". In order to optimize the entire Purchase-to-Pay (P2P) process, Arcplace deploys the Basware P2P suite that consists of the components e-procurement, invoice automation, analytics and Basware Network. With a free, limited demo account, you can run through the purchasing process (Purchase) and the invoice automation process (AP Automation) as you like.
Arcplace builds its invoice automation and P2P solutions using technologies from the following strategic suppliers:
With these technologies, Arcplace is in a position to flexibly and successfully meet the most diverse requirements when designing and implementing automated invoice processing and optimizing P2P processes.
The Case for Holistic Invoice Management Automation
A Practical Three-Step Approach to Automation
The potential ROI organizations may realize by deploying an integrated P2P solution
The Rhaetian Railway picks up steam with Arcplace
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Ernst Sutter AG automates its invoice processing