Yooz Blog | Discover our latest articles

AP Automation Microsoft Dynamics with Yooz: The Perfect Match

Written by Yooz | 29 November 2024 07:59:00 Z

Statistics from companies that have embraced accounts payable automation show a clear trend: An automated, touchless process can save an organisation, on average, 80% of their processing costs and cut cycle times 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 to ship or create invoices and offering 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, especially when considering that close to one-third of all invoices tend to be paid past their due date. Yooz, on the other hand, ensures invoices are prioritised and processed by due dates and locks in early-pay discounts that your supplier 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 thanks to its unique functionalities. What’s more, Yooz’s AP solution can be ready to use in a very short time frame, as the entire platform lives in the cloud and runs on your team’s browser or mobile devices, allowing them to work anytime and anywhere.

 

 

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 data stream 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 customisable ERP automation system.

 

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

 

 

From the moment a company decides to embrace complete 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 customised 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 summarise 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 customisable 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 with 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.
  • Free your hands, free your mind. By pairing the smartest technologies with a personalised workflow, Yooz enables you and your team to focus on value-added tasks.

 

 

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 preparation. This can save businesses time and money and help to avoid errors. Yooz is a cloud-based solution that is easy to use and manage. It is also flexible and scalable, so it can be customised 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 Prioritises invoices by due dates, helping avoid late fees and enabling early-pay discounts from suppliers.
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, minimising lost invoices.
Quick and Flexible Deployment Cloud-based solution that can be set up rapidly, with customisation 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.