In the fast-paced world of financial management, innovation is the key to maximising efficiency and productivity. One critical area of focus is optimising cash flow, particularly in how organisations manage their own reporting and modern Accounts and Payable (AP) processes.
Gone are the days of grinding through mountains of paper invoices and labor-intensive manual data entry. The dynamic synergy between Sage Intacct and Yooz presents a transformative solution, propelling businesses into a new era of streamlined efficiency and productivity through accounts payable automation.
Sage Intacct stands at the forefront of comprehensive cloud-based financial management solutions. Known for its ability to promote business growth and optimise accounting procedures, it has earned its reputation as a leading platform for businesses of all sizes.
While Sage Intacct includes an Accounts Payable module, its seamless integration features make it an ideal partner for AP automation, enabling real-time data exchange and improved visibility to track and view payments.
Even through Sage Intacct comes equipped with an AP module, there are compleeing reasons to consider integrating it with an external AP automation provider.
Enterprise Resource Planning (ERP) systems are powerful tools designed to enhance resource planning and internal control processes, offering solutions to challenges across a wide range of business fuctions.
While they do provide significant benefits to the AP department's financial functions, their influence extends to crucial areas like human resources, marketing, inventory management, manufacturing, and even shipping.
By combining an ERP system with a specialised AP automation provider, you unlock a host of advantages, ultimately save time, leading to a fully streamlined financial process.
Yooz offers a complete cloud-based Purchase-to-Payment (P2P) solution that provides users with affordable speed and security combined with ease-of-use. Examples include:
A 3-way matching process to cross-reference vital information, reduce human error, and improve internal controls processes.
Yooz invoice capture software automatically extracts vital data, cross-references the information by matching invoices to the purchase orders, and creates a comprehensive end-to-end automated invoice process.
Yooz automatically logs every interaction with every document and stores it in a centralized cloud-based location, creating a clear record and accurate digital security audit trail.
YoozReports redefines real-time reporting capabilities by seamlessly integrating Excel's power with real-time data updates, providing financial and accounting decision-makers with unprecedented control over budget and cash flow management in the P2P process.
Automation makes an impact |
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Embracing technological evolution
The Sage Intacct and Yooz partnership is nothing short of a game-changer for businesses, elevating AP from a time-consuming, mundane task to a strategic asset. Through automation, precious time and resources are freed up, and eliminating inefficient workflows enables your team to concentrate on driving growth and achieving financial objectives.
This transformation extends beyond mere efficiency gains; it encompasses heightened accuracy, compliance adherence, increased transparency, and significant cost savings. All vital components of financial operations.
Time is money, and in the world of finance and accounting policies every minute - and dime - counts. Sage Intacct and Yooz work in harmony to automate the entire AP process, significantly reducing the time and effort required for manual tasks.
Say goodbye to late payments, missed deadlines, and costly errors. With comprehensive end-to-end AP automation, efficiency isn't just a goal; it's a guarantee.
The true power of the Sage Intacct and Yooz partnership lies in their seamless integration. Together, they form a powerful solution that streamlines every part of your AP process, from capturing invoices to approval workflows and payment processing.
With automation comes an invaluable sense of control. Sage Intacct and Yooz provide real-time visibility into your entire AP and approval process, empowering you to monitor every transaction, to track and view payments and approvals, and stay on top of payment dates and schedules.
No more data entry, guesswork, or manual cross-referencing; just clear, actionable insights that put you in the driver's seat of your financial operations.
In today's rapidly changing environment, real-time information is imperative for remaining competitive. With Sage Intacct and Yooz, you are always in the know.
Instant access to up-to-date financial data empowers you to make informed decisions on the fly, ensuring agility and adaptability in an ever-changing market.
In the digital age, data is the linchpin of success. Harnessing the power of Sage Intacct and Yooz together ensures accuracy throughout the entire invoice workflow, taking a giant leap towards enhanced efficiency and productivity.
This integration empowers organisations to transition from outdated manual processes to a modern, automated approach that not only accelerates workflows and approvals processes but also enhances accuracy while ensuring compliance, transparency, complete accountability, and cost savings.
As a result, businesses can focus on driving growth and achieving their financial objectives with unprecedented levels of efficiency, accuracy, and strategic decision-making.
Yooz plus Sage Intacct |
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The integration of Sage Intacct and Yooz not only revolutionises your Accounts Payable processes, but also sets the stage for sustainable growth. After all, as your organisation expands, so do your financial responsibilities.
With Sage Intacct and Yooz, you have a dynamic duo that can effortlessly scale alongside your business. For example, seamless integration allows for easy onboarding of new vendors, accommodating an increasing volume of invoices without adding undue strain on the team or process.
Furthermore, this partnership lays a foundation for ongoing innovation. As technology continues to advance, your Yooz integration with Sage Intacct will evolve with it. This ensures that your Accounts Payable processes remain at the cutting edge of efficiency and gain.
| “With the combined integration of Yooz and Sage Intacct you have a single source of the truth. Everything is captured in one place,” says Adam Maurer, CPA, CFO of the consulting firm Deutser.“ | Our AP staff is better organized, have eliminated stress, and feel like they are actually doing value-added work and contributing to our company’s success,” says Shawn Delaney, assistant controller of commerce platform Bridgevine (now part of Updater). |
Harnessing the power of Sage Intacct and Yooz together in the Accounts Payable process marks a significant leap towards enhancing efficiency and productivity for businesses.
Now is the time to take the leap into a brighter financial future. Embrace the power of the Sage Intacct/Yooz partnership and watch your entire Accounts Payable department thrive. Don't wait! Reach out to us today and start your journey towards a more efficient, productive, and prosperous tomorrow.