9 mins read

Accounts Payable Automation

Microsoft Dynamics 365 Business Central for AP Automation: the perfect match

by Yooz the 01.30.2024

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Statistics from companies that have embraced accounts payable automation speak a clear language. Having an automated, touchless process can save an organization, on average, 80% of the processing costs and can cut cycle time by 10% to 20%.

 

It can cost between £9 and £20 to manually process an invoice, plus another £3.90 per document for archiving. Yooz dramatically reduces that cost with its smart technologies replacing the need for the extra materials you need to ship or create invoices and lightning fast processing speeds.

 

What’s more, Yooz understands, indexes and stores every document securely in the cloud, meaning it will catch duplicate or erroneous payments without human intervention. That translates to 1 in 30 invoices that traditionally would need to be double-checked for a potential error.

 

 

The many benefits of AP Automation

 

AP automation also cuts back on late fees which can become a serious drag on a company’s cash management since close to one-third of all invoices tend to be paid past their due date. Yooz, on the other hand, will ensure invoices are prioritized and processed by due dates and lock in early-pay discounts that your vendor may offer. Finally, cycle times see a dramatic decrease thanks to Yooz and its data extraction, image capture and indexing features. These are just a few of the features Yooz has to offer to ensure your processing time will drop from the average timespan of three to four weeks to just a few days.

 

Implementing AP automation with Yooz, the innovative technology leader in accounts payable automation, has major benefits because of its unique functionality. What’s even better, Yooz’s AP solution can be ready to use in a very short time frame since the entire platform lives in the cloud and runs on your team’s browser or mobile devices allowing them to work anytime and anywhere.

 

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Yooz & Microsoft Dynamics 365 Business Central - the perfect match

 

The first thing you need to know is that enterprise resource planning systems are usually software packages built to handle a lot of different inputs and make sense of the DataStream across a company as best it can without AP automation. They do an amazing job as a generalist tool that helps prepare AP clerks and other employees to input data into the system, from multi-billion-dollar companies down to small businesses.

 

You may be wondering why you should integrate your ERP with AP automation if it is capable of so much on its own. The best example is looking at how well Yooz works with Microsoft Dynamics 365 Business Central, the highly customizable ERP automation system.

 

Companies using Microsoft Dynamics 365 Business Central can take modernizing their AP function even further when integrating with Yooz, the smartest, most powerful, highly customizable AP automation solution, to create a seamless end-to-end ERP automation system.

 

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From the moment a company decides to embrace full-fledged AP automation, Yooz implementation specialists are part of the onboarding journey. They are dedicated to understanding each client’s unique processes and workflows and use those insights to create a customized integration between Microsoft Dynamics 365 Business Central and Yooz. One of its core components is a dynamic, automated workflow to create the most efficient and hands-free process available from purchase to payment.

 

Let’s summarize what an exemplary integration of Yooz’s cutting-edge AP automation solution with Microsoft 365 Business Central’s ERP system can accomplish:

 

  • Save time and money. Adding Yooz to Microsoft Dynamics 365 Business Central gives your company the best AP automation solution available, resulting in an 80% reduction of processing costs and dramatically shorter cycle times.
  • Cut back on costly errors. Yooz detects duplicates and outright fraud.
  • Get started in no time. Yooz’s cloud-based platform can be set up with a few clicks yet is fully customizable and easy to integrate with Microsoft Dynamics 365 Business Central.
  • Boost visibility. Never lose a document and find any keyword or amount in any invoice wit Yooz’s advanced search feature.
  • Benefit from maximum connectivity. Yooz and Microsoft Dynamics Business 365 Central are the perfect duo when it comes to automatically and seamlessly exchanging data, down to each paid invoice and that could qualify you for early-pay discounts with vendors.
  • Free your hands, free your minds. By pairing the smartest technologies with a personalized workflow, Yooz enables you and your team to focus on value-added tasks.

 

Microsoft Dynamics 365 Business Central AP Automation - Yooz - Infographic - EN

 

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Yooz: A Powerful Accounts Payable Automation Solution for MS Dynamics


Yooz is a powerful accounts payable automation solution that can help businesses of all sizes improve their AP processes and achieve their financial goals. With Yooz, businesses can automate the entire AP process, from invoice receipt and validation to payment approval and posting. This can save businesses time, money, and errors. Yooz is a cloud-based solution that is easy to use and manage. It is also flexible and scalable, so it can be customized to meet the specific needs of any business.

 

Benefit Description
Significant Cost Savings Reduces AP processing costs by up to 80%, lowering expenses associated with manual invoice handling, archiving, and shipping.
Reduced Processing Time     Cuts AP cycle time from weeks to just a few days through rapid data extraction, indexing, and cloud-based accessibility.
Error and Fraud Reduction Automatically detects duplicate payments and potential fraud, ensuring accuracy and financial security.
Enhanced Cash Flow Management Prioritizes invoices by due dates, helping avoid late fees and enabling early-pay discounts from vendors.
Seamless Integration Integrates smoothly with Microsoft Dynamics 365 Business Central, creating a powerful end-to-end ERP automation system.
Enhanced Document Visibility Advanced search capabilities allow users to find documents easily by keywords or amounts, minimizing lost invoices.
Quick and Flexible Deployment Cloud-based solution that can be set up rapidly, with customization options to meet specific business needs.
Increased Team Productivity Automates routine AP tasks, allowing employees to focus on strategic and high-value activities.
Scalability and Remote Access Scalable cloud platform accessible from any device, enabling teams to work efficiently from any location.

 

FAQ on AP Automation with Microsoft Dynamics 365 Business Central

What are the main benefits of AP automation with Microsoft Dynamics 365 Business Central and Yooz?

Integrating Yooz with Microsoft Dynamics 365 Business Central can reduce processing costs by up to 80% and shorten payment cycles from weeks to just days. This automation also helps minimize errors and fraud through duplicate detection.

Is integrating Yooz with Microsoft Dynamics 365 Business Central complex?

No, Yooz’s cloud-based solution allows for quick deployment. It’s designed to integrate seamlessly with Microsoft Dynamics 365, providing a user-friendly and customizable experience.

How does AP automation with Microsoft Dynamics 365 support productivity?

By automating repetitive AP tasks, Yooz frees up your team’s time for high-value tasks, enhancing productivity and focus on strategic activities.

Can AP automation with Microsoft Dynamics 365 and Yooz scale with business growth?

Absolutely. Yooz’s cloud-based platform is highly scalable, adapting easily to increasing invoice volumes and evolving business needs, making it an ideal solution for growing companies.

    The Easiest, Most Complete AP Automation Solution for Dynamics Users

    The Easiest, Most Complete AP Automation Solution for Dynamics Users

    Microsoft Dynamics 365 Business Central for AP

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    The Easiest, Most Complete AP Automation Solution for Dynamics Users