AP Automation for System21
Cobwebb can help your business automate the capture and processing of invoices remotely.
If you have Infor ERP System21 and are looking for a time-saving solution for Accounts Payable please take a look at how Cobwebb automates the accounts payable process.
The accounts payable process often takes too long, costs too much and requires a lot of effort. Staff can often be fed up with having to deal with the manual processes involved, while managers can get frustrated with the backlog of purchase invoices waiting to be processed and approved for payment. This often has an impact on supplier relationships and staff morale, not to mention the bottom line.
Cobwebb Document Management is proven to save businesses time, effort and money processing supplier invoices, resulting in increased profitability, more motivated staff and better supplier relationships.
For example, just storing and linking System21 output electronically (invoices, purchase orders, statements, delivery notes, etc.) has helped many of our customers find documents faster, reduce the storage space, risk and cost associated with paper documents while speeding up customer and supplier enquiries.
Our approach means we have reduced the cost of implementation – whilst most solutions deal with accounts payable matching “outside” of the ERP System, together with Infor we have created a solution that works “within” System21.
We have been working with companies using Infor ERP System21 for over 30 years. Working jointly with Infor, the developers of System21, we think we have created a truly integrated approach to this highly manual and labour-intensive process incorporating the latest scanning technology.
Take a look at the case study with Tetrosyl Limited below to understand how this could work for you.
Our system delivers benefits immediately, is great to use and is integrated into System21.
CASE STUDY / Tetrosyl Ltd
Cobwebb Docstore Capture, built on Tungsten TotalAgility, saves Tetrosyl Accounts Payable up to 90 hours per month.
INDUSTRY: Manufacturing
ERP SYSTEM: System21 Aurora
SOLUTION: Docstore Capture / Tungsten TotalAgility
Struggling to keep on top of existing processes that were labour-intensive and prone to error, the AP department of Tetrosyl Limited turned to Cobwebb Communications for a solution.
Customer Overview
Tetrosyl Limited is the largest manufacturer and supplier of car care products in Europe. They lead the way in brand management, blending innovation, technology and design to bring the biggest retail brands in the industry to the automotive, auto and home care markets. Tetrosyl has the ability to develop and bring products to market fast due to strong in-house capabilities.
Business Challenges
The AP department at Tetrosyl Limited identified that their existing manual processes were inefficient and in need of modernisation. In order to increase capacity within the team they needed to improve efficiency and visibility throughout the process.
The Solution
Tungsten TotalAgility (TTA) is a powerful tool on which Cobwebb was able to build its Docstore Capture solution. The solution was developed to enhance and automate the role of AP teams using Infor ERP System21. Using machine-learning based document processing technologies alongside automated validation against live System21 data, users of Docstore Capture can improve the efficiency and accuracy of the Accounts Payable process.