Integration with Sage Intacct
Palette integrates with Sage Intacct for a complete end-to-end solution for AP teams. With an integrated solution, Palette’s AP Automation for Intacct provides a flexible approval workflow — including invoice approval by email. Features include invoice data capture, automated workflow, 2 & 3-way PO matching, seachable archive and audit, and automated management of recurring invoices and contracts.
While Sage Intacct automated invoice processing has extensive functionality, Palette’s AP automation adds additional layers of capabilities to add even more time and savings for everyone involved in the purchase and reconciliation process.
Here are some of the key benefits of integrating the Palette invoice processing system with Sage Intacct:
Palette’s invoice processing automation for Intacct speeds up invoice capture, invoice processing, and invoice approval in several ways:
- Built-in character recognition scans headers and line-item information for invoice capture
- Automated approval workflow routes invoices to approvers
- Exceptions flagged for reconciliation automatically
- Complete time-stamped audit trail for investigations
Improved Accuracy & Streamlined Processes
Integrating Palette’s AP automation software with Intacct helps to:
- Eliminate human error
- Eliminates the risk of duplicate payments or inaccurate payment amounts
- Streamlines reporting, budgeting, and auditing
- Be alerted to time-sensitive issues, such as upcoming contract renewals
- No more lost invoices
Palette AP automation is customized to design Intacct AP workflows based on your unique business rules. Routing and approvers can be altered without having to resort to expensive developer costs for code.
Palette invoice processing system’s integration with Sage Intacct will speed up the invoice lifecycle, allowing you to not only pay your bills promptly, but also to take advantage of potential early payment discounts without upending your approval process and compliance requirements. This is challenging to manage in a manual AP process, which is why less than 21% of early-payment discounts are unclaimed by businesses, according to the Institute of Finance Management.
Improved Insight & Transparency
Besides complete audit trails on every invoice, you also get a dashboard with real-time reporting on KPIs. You see the big picture at a glance with the ability to drill down to find relevant data on any item. This helps you spot bottlenecks more easily, find areas for improvement, or identify noncompliance with business rules or spending policies.
You can also monitor the performance (and productivity) of AP staff, teams, or departments.
Supports Remote Teams
With the move to remote and hybrid workforces, a cloud-based solution using Palette invoice automation software and Sage Intacct provides a perfect solution. Data is secured in the cloud, but accessible by authorized users, so work can be done from any connected device, regardless of where AP teams or managers are working.
Palette AP Automation and Sage Intacct Automated Invoice Processing
To learn more about how Palette and Sage Intacct work together to provide a complete end-to-end automation process for accounts payable, contact the AP automation experts at Palette today or schedule a demo.