For Accounts Payable Teams
Why AP Teams Choose PLANERGY
Managing Accounts Payable manually is time-consuming, error-prone, and can lead to costly delays or compliance risks.
PLANERGY empowers AP teams with automation, real-time visibility, and seamless integration to streamline invoice processing, prevent fraud, and optimize cash flow.
Faster Invoice Processing & Reduced Manual Work
- Eliminate manual data entry by using OCR and AI-powered invoice capture.
- Match invoices automatically with POs and receipts (3-way matching).
- Speed up approvals and minimize errors with digital workflows ensuring accuracy in every transaction.
Stronger Compliance & Fraud Prevention
- Prevent duplicate payments and fraud by automatically detecting discrepancies and flagging suspicious transactions.
- Enforce company policies and maintain real-time spend tracking for better budget alignment and accountability.
- Ensure accurate, audit-ready records with built-in compliance checks.
Streamlined Approvals & Reduce Bottlenecks
- Routes invoices to the right approvers automatically, reducing delays.
- Enables mobile & remote approvals, ensuring payments stay on schedule.
- Customizable workflows help enforce company policies seamlessly.
Optimized Cash Flow & Supplier Relationships
- Improve payment scheduling by automating invoice processing and tracking due dates to avoid late fees and take advantage of early payment discounts.
- Enhance supplier relationships with timely, accurate payments and better visibility into outstanding invoices and commitments.
- Gain real-time cash flow insights with automated spend tracking and reporting, ensuring better financial planning and working capital management.
Features - Accounts Payable Teams
Instant Invoice Duplicate Detection
- Automatically flag duplicate invoices before payment
- Improve data integrity and vendor master accuracy
- Prevent overpayments, reduce fraud risk, and keep clean vendor records
- Free up AP staff to focus on higher-value tasks
Smart Exception Handling
- Route exceptions using rule-based workflows to the right approver
- Keep approvals moving, avoid delays, and ensure nothing slips through
- Minimize manual intervention with intelligent routing
- Reduce processing times for non-standard invoices
Audit-Ready Document Management
- Centralized, secure archive of invoices and approvals
- Time-stamped audit trails and easy retrieval for compliance and audits
- Ensure documents meet regulatory and internal policy requirements
- Reduce audit preparation time and costs
Custom Reporting & Analytics
- Create reports on KPIs like DPO, cost per invoice, and cycle time
- Real-time dashboards and insights to drive better decisions
- Identify bottlenecks and inefficiencies with actionable data
- Share scheduled reports with stakeholders for better visibility
Early Payment Discounts & Cashflow Control
- Spot and capture early payment discounts before they expire
- Optimize cash flow and strengthen supplier relationships
- Prioritize payments based on cash position and strategic value
- Achieve measurable savings by taking advantage of discount opportunities
Mobile-First Approval
- Approve, comment, and review invoices on mobile or email
- Accelerate approvals and keep AP moving from anywhere
- Improve responsiveness even outside normal business hours
- Reduce bottlenecks caused by unavailable approvers
Better Spend Management
Find out how PLANERGY’s Procure-To-Pay platform can revolutionize your organization’s Spend Management. Schedule a short demo to find out more.
Book a personalized demo to see the PLANERGY procure-to-pay platform for yourself.