Tungsten AP Essentials
Efficient cloud-based invoice processing.
Formerly known as Kofax ReadSoft Online, Tungsten AP Essentials offers a comprehensive solution for efficient invoice processing. It’s secure, quick, accessible and boasts a low cost of ownership (TCO) since it is a complete cloud-based solution.
Tungsten AP Essentials ensures optimal invoice processing efficiency. With its accurate AI-driven optical character recognition (OCR) learning engine, users benefit from collective knowledge, resulting in faster capture times and less need for verification. The cloud-service is completely scalable to manage any workload and caters to the financial needs of small and medium enterprises.
Tungsten AP Essentials capabilities
Workflow capabilities
Invoice automation controls every step in the chain, from data collection to monitoring. AP Essentials user-friendly web interface provides an intuitive experience for all routing and approval processes, making it accessible and easy to navigate for all users.
Streamline the approval process
The approval matrix feature automatically determines workflow agents based on the characteristics of each invoice, streamlining the approval process.
The system also includes validations for matching, supporting both 2-way and 3-way matching to ensure consistency and correctness. Robust analytics provide comprehensive workload and performance dashboards for further control, allowing for detailed monitoring and analysis of the entire invoicing process.
Automate invoice posting
Maximize efficiency with automatic invoice posting in Microsoft NAV, Microsoft Dynamics 365, NetSuite, and Coupa. Using XML and web services, easily integrate other systems.
Automate invoice processing with a cloud-based solution with AI-driven invoice data interpretation and matching capabilities.
