AP / AR Automation

accounts payable img

AP/AR Automation

Leverage Function4’s AP/AR Automation services to streamline your financial operations and enhance your cash flow management. Our solutions are designed to automate and optimize every aspect of accounts payable and receivable, ensuring accuracy, speed, and efficiency in financial transactions and reporting.

AP Automation

Automating your accounts payable processes with Function4 not only simplifies invoice handling but also significantly enhances operational efficiency. Our AP automation solution, powered by Esker, utilizes AI-driven data capture to accurately extract invoice information, reducing manual entry errors. Touchless processing and electronic workflows speed up invoice approvals without the need for physical document handling, allowing your finance team to focus on more strategic tasks rather than routine data entry. The system integrates seamlessly with your existing ERP, providing a transparent, controlled way to manage your payables, improve vendor relationships, and maintain cash flow.

Why Automate with Function4?

Esker’s Accounts Payable automation software allows businesses to eliminate the pains of manual AP invoice processing thanks to AI-driven data capture, touchless processing and electronic workflow capabilities. The end result? A simpler, more efficient, and highly visible way to manage cash flow and generate new revenue.

  • Simplify AP Invoicing: Reduce the effort needed to improve cash management, reduce operational costs, and speed up financial close & audit procedures.
  • Work Smart, Work Mobile: From invoice analytics, to performance monitoring, to mobile capabilities, let data drive your decisions – at the office or working remotely.
  • Become Supplier-Friendly: Consistently delivery accurate, on-time supplier payments, rapid dispute resolutions and real-time communication tools.
AP Automation Brochure

AR Automation

Function4’s AR automation transforms the way you manage receivables. By digitizing and automating the entire receivables process, from credit approval to collections, our solution secures your revenue streams and enhances the efficiency of your credit management.

Secure Your Revenue & Credit Approval Process

  • Secured Onboarding: Secure credit approval and control credit risk by digitizing the credit app process and creating approvals according to credit policy.
  • Automated Collections: Rather than sending out account statements or email reminders, free up your team for tasks like recovering cash.
  • Enhanced Collaboration: All data, docs and actions are in one location, making easier to create and assign tasks to solve invoice-related issues.
  • Increased Visibility: Get valuable insight on your performance and create & share reports to expand the cash flow culture in your company.
AP Automation Brochure

Receive a free demonstration!

"*" indicates required fields

Name*

AP/AR Automation FAQs

What is AP/AR Automation?
AP/AR Automation refers to the use of technology to automate accounts payable and receivable processes, reducing manual work, minimizing errors, and speeding up financial transactions.
How can AP/AR Automation benefit my business?
Automation streamlines your financial operations, improves accuracy, enhances supplier and customer relationships through timely payments and collections, and provides better financial insights.
Is AP/AR Automation secure?
Yes, Function4’s AP/AR Automation solutions are designed with security at the forefront, incorporating advanced encryption and access controls to protect sensitive financial data.
How does AR Automation improve customer relations?
AR Automation ensures consistent, accurate billing and faster response times to customer inquiries and disputes, which significantly improves customer satisfaction and loyalty.
Can Function4’s AP/AR Automation integrate with my existing financial systems?
Absolutely. Our solutions are built to seamlessly integrate with various ERP and financial systems, ensuring that you can automate processes without disrupting existing workflows.