Complex approval workflows and sophisticated automated PO matching boosts productivity in the finance department by automating the processing of supplier invoices.
Invoice capture, invoice processing, approval workflow, automated PO matching and a searchable archive gives you control over supplier invoices. A complete time-stamped audit trail makes it easier for investigations and audits.
96% of Palette customers feel that the platform fulfills expectations, and 95% consider Palette to be a worthwhile investment.
Landstar benefits from automated invoice processing with Palette
With 1,200 employees and a broad customer base, Landstar wanted to streamline financial management and improve its operational efficiencies. Landstar went from an almost completely manual AP process which was time consuming and caused unnecessary payment delays. After the implementation of Palette, invoice processing time was cut by over 60%.
CFO
Your focus is based on the financial performance of the entire organization. You need complete and accurate data in a timely fashion to be able to analyse and report results – and to make future suggestions.
Reduce the time spent on manual processes. Double the productivity of your AP team.
EASE OF USE
Approvers can easily approve invoices on any device anytime with one click in email. Executives are spared having to learn a new platform.
SAVE TIME AND MONEY
Our customers find cycle times for invoice processing and approvals are reduced by over 50%. Unlimited users with no user license costs.
GREATER TRANSPARENCY
See all payables in real time. Track approval bottlenecks. Exceptions are flagged and all of the necessary information is sent to the approver for reconciliation.
SECURE PROCESS
Trusted by banks and financial institutions in the US. SOC 1, SOC 2, GDPR, HIPAA are some of our accreditations.
Integration with NetSuite
Native tools to ensure that the business rules of your system, data control, and validation are applied to all data communication.
Integration with Dynamics 365
AP Automation for Dynamics 365 Finance and Operations and Dynamics 365 Business Central.
Integration with SAP
AP Automation that integrates with SAP Business One and SAP R/3.
Integration with Workday
With Palette’s standardized Integration to Workday enable a “plug and play” integration experience with minimal configuration.
Construction
Engineered from the ground up with accounts payable in mind, Palette’s AP Automation for Construction and Engineering firms gives your staff the tools they need to be more productive.
Flexible approval workflows, automated invoice processing, a searchable invoice archive and a complete time-stamped audit trail.
Accounting
Accounting firms have unique accounts payable requirements for workflows and compliance, including auditability of the entire process.
Whether it’s SOC 1 and 2, GDPR, 4MLD, PCI DSS or any other regulation, it’s essential to have everything for review by auditors and government authorities.
Real Estate
Accounts Payable professionals in the real estate sector face several unique challenges.
The volume of invoices dealt with is exceptionally high. The nature of work in the property sector means that most staff spend at least part of the day out of the office while also being required to provide multiple spend approvals.
Professional Services
The service sector is embracing mobile applications, online services and answering fast-changing customer needs – so why not ask the same for accounts payable?
With a modern cloud solution your organization can focus on what’s important.
Manufacturing
The manufacturing industry has multiple challenges related to AP processes.
Handling different suppliers and supplier invoices is labour-intensive and requires attention to detail. AP teams deal with large volumes of invoices and spend large amounts of time matching to POs and goods receipts.
Retail and Wholesale
Accounts Payable professionals in wholesale and retail are looking to reduce their workload.
The volume of invoices dealt with is high – and so are the number of suppliers. Retailers need to be quick, to respond to new market trends at all times.
Before we deployed Palette, our invoicing system was labor-intensive and time consuming for staff. Automated processing has significantly increased our overall efficiency, shortened payment cycles and helped to improve the manageability of transactions.
Emily Grantham, AP Supervisor
Let us know what problem are you looking to solve.
Palette Software was founded in 1993 in Stockholm and has offices in the United States and the Nordics. Palette solutions are available through a growing network of partners in some 50 countries in North America, Europe, and Australia.
