QX ProAP
© 2024 QX Finance & Accounting
Automates opening & saving of digital invoices, extracting relevant data and posting data in accounting systems to streamline payables
All About
QX ProAP
Most businesses send and receive invoices and payment receipts in digital formats, which includes scanned PDF images, text documents, or Excel-based invoice templates. AP executives need to manually open and save the invoices, extract relevant data, log into the accounting system and then post the relevant data.
QX ProAP automates this entire process. It segregates the files by type, automatically extracts the relevant data, and places it into an Excel sheet. Additionally, it opens the accounting system using the passwords from its secure credentialing vault and inputs the data into the accounting system or cash application. It also updates the status of each invoice in the Excel sheet, completing the cycle.
Benefits of QX ProAP
01
Significant reduction in processing time as no human intervention is required in downloading, formatting & posting invoices
02
24/7 processing – fully automated solution to enable running of bot at any time of the day
03
Seamless extraction of large volume of data in real time, across formats like text documents, pdfs and excel-based invoices
04
End-to-end solution to eliminate manual errors completely
05
Insightful reporting – generate bespoke reports to provide overall visibility to the top management
Scalable, Customizable and easy-to-manage
Easy to configure
The system is capable of extracting data from different types of digital invoices. Additionally, the system is highly scalable in nature and can be easily configured as per growing business needs.
Runs in the background
The system can run in the background while your staff is working on other tasks. Also, it can work 24/7 – at any time of the day.
Integrated system
Get support from experts to integrate with the accounting software, ERP and other applications in your ecosystem to digitize the entire process.
Saves data in required format
Automatically extracts the data from downloaded Excel files and fills it into the predefined templates, ensuring standard data for further processing.
Non-intrusive
As the tool automates the same actions that were previously taken by human workers, it doesn’t require any major changes to the client’s existing systems.
Robust security
Partner up with a GDPR compliant team to set up an end-to-end, secure accounts payable function.
Client Story
Scott Berry, Commercial & Finance Director - Fresh Property Group, speak about Fresh’s Partnership with QX.
Scott Berry, Commercial & Finance Director - Fresh Property Group opens up on his finance outsourcing experience with QX Global Group and the key business benefits from this decade-long partnership.
Tom Richards, Chief Finance Officer – Acacium Group
Tom Richards, Chief Finance Officer at Acacium Group talks about his outsourcing experience with QX Global Group.
Brian King, CFO - Eureka Holdings, speaks about his experience of working with QX.
Brian King, VP CFO -Eureka Holdings speaks about his experience of working with QX Global Group.
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Streamline and Automate Your Accounts Payable Processes
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