When Accounts Payable is powered by PIQNIC automation, magic happens. Say goodbye to manual entry, lost invoices, errors, and say hello to real-time visibility from a digitized process that reduces processing time, increased accuracy, and significantly reduces cost – guaranteed!

 

PIQNIC for Accounts Payable Automation (APA) fills a void in the market for a modular, scalable, and configurable platform designed for finance professionals.

This remarkable development is the outcome of a collaborative endeavour between astute finance professionals and technology advocates, whose pioneering efforts have been validated by a multitude of organizations across various industries. - Read more.

Key benefits of PIQNIC automation

Capture invoices fast and accurately

Say goodbye to manual data entry with smart invoice capture with machine learning captures invoices from paper, email, or electronic formats. Intelligent OCR magically extracts key invoice data fast and accurately.

 

Invoice validation

Captured invoices are automatically processed against your business rules to determine any exceptions. Each exception rule determines which workflow path each invoice will follow for resolution. Invoices that pass these rules are automatically sent to your finance system for payment.

 

Check out the Features PIQNIC has to offer.

 

Accounts payable automation

Exception workflow

Assigned roles will be prompted to resolve exceptions by type. Invoice data, exception type and the invoice is presented to users with the appropriate actions. The invoice data with lookup tables is connected to your ERP or finance system so there’s no need to have multiple applications open. Say goodbye to double data entry and chasing people up!

 

100% Visibility

No matter where your invoices are in the process, you can instantly find them and see their status. Connected document management archives invoices with retention policies. Integrations with ERP’s allow single-click viewing.

 

Reduced cost

Automation removes manual data entry, double handling, and painful processes which significantly removes tangible costs from your finance operation.

 

 

 

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