Introducing the All-New Accounts Payable Module in Procurify
At Procurify, we are committed to continuously improving our platform to better serve your procurement needs. We are excited to announce a major update to our Accounts Payable (AP) module, launching this October. This update is designed to enhance your financial management processes, making them more efficient, accurate, and flexible.
Why We’re Making This Change
The decision to revamp our AP module stems from our dedication to providing you with the most advanced and user-friendly tools available. By integrating cutting-edge technology and automation, we aim to streamline your accounts payable processes, reduce manual errors, and save you valuable time.
Key Benefits of the New AP Module
Leverage AI to Speed-Up Invoice Processing: Our new AP module utilizes artificial intelligence to expedite the invoice processing workflow. This means faster approvals and fewer delays, allowing your team to focus on more strategic tasks.
Automate Three-Way Matching to Improve Accuracy: The new module automates the three-way matching process, comparing purchase orders, receipts, and invoices to ensure accuracy. This reduces the risk of discrepancies and enhances the reliability of your financial data.
Unlock Deposit billing for Greater Flexibility: With the ability to manage deposit billing, you can now increase the flexibility of your financial management processes. This feature allows for better cash flow management and more strategic financial planning.
Seamless Integration with Bill Payments
Our new AP module works seamlessly with our recently released bill payments feature, currently in beta. This feature enables you to easily pay bills using ACH, check, or wire transfer in the US, or EFT in Canada. Together, these tools provide a comprehensive solution for managing your accounts payable and bill payments efficiently.
Transition to the New AP Module
The all-new AP module will be available to all Procurify customers in the coming months. We are committed to ensuring a smooth transition and will provide all the necessary support and resources to help you make the most of these new features.
All New AP Features
Learn more about: AI Automated Invoice processing
Learn more about: Automated 3-Way Matching
Learn more about: Deposit Billing
Learn more about: Accounts Payable Role Permissions
Learn more about: Bill Configuration
Learn more about: Bill Payments
