Accounts Payable Solutions

Exela FAO’s accounts payable automation services leverage expertise and technology to automate invoice capture, approvals, and payments.

Exela FAO’s Accounts Payable Automation Solution

Exela FAO’s accounts payable automation solution transforms your AP operations by automating manual tasks and streamlining workflows. Using expertise and technology, we eliminate tedious data entry, reduce errors, and accelerate invoice processing times. This solution provides greater visibility into your spending and improves control over your finances.

80%

reduction in processing time

With over 20 years of experience, we’ve honed our expertise to deliver best-in-class P2P solutions that optimize your entire procurement process.

98%

increase in accuracy

Our team of over 11,000 F&A professionals brings deep expertise and global reach to deliver exceptional procure-to-pay solutions.

95%

AP invoice automation achieved

No matter your industry, we have you covered. With over 1,120 industry-tailored solutions, we can address your specific procurement challenges and optimize your procure-to-pay process.

Roadblocks in Accounts Payable Services

Major accounts payable problems that most businesses face is manual data entry, invoice processing delays, and limited visibility into spending. See how Exela FAO can help.

Manual data entry issues?

Eliminate the error-prone and time-consuming process of manually entering invoice data. Exela FAO’s automation captures data electronically, saving your team valuable time and ensuring accuracy.

Invoice processing delays?

Streamline your invoice processing with automated workflows. Exela FAO’s accounts payable invoice automation efficiently routes invoices for approval, eliminating bottlenecks and ensuring timely payments to vendors.

Limited visibility into spending?

Gain real-time insights into your spending with Exela FAO’s automation. Our solution provides a clear view of your accounts payable, empowering you to make informed financial decisions.

Experience Exela FAO’s Brilliant Support

We’re dedicated to your success. Exela FAO offers exceptional customer support, and is recognized by industry leaders. Our team is here to guide you every step of the way, ensuring a seamless and successful experience.

Exela FAO’s Accounts Payable Outsourcing Services

We handle everything from invoice processing and approval workflows to secure payments and detailed reporting, allowing your internal team to focus on more strategic tasks.

Cost Savings & Efficiency

Eliminate internal hiring, training, and overhead.
Streamline processes with automation and expertise.
Minimize mistakes with specialized data entry and review.
Shorten invoice processing times significantly.

Enhanced Control & Focus

Internal team focuses on core business activities.
Gain better visibility and control over finances.
Robust security protocols ensure data protection.
Invest internal resources in strategic initiatives.

Accounts Payable Automation

Brinker International, a recognized leader in the casual dining industry, serves more than one million guests in its restaurants daily. Its 38-year history has seen the organization grow and change from a single restaurant in Dallas, Texas into one that now boasts more than 15,000 locations in 33 countries and two American territories.

Frequently Asked Questions

What are the biggest challenges Exela FAO helps solve in Accounts Payable?

Manual data entry can be a time-consuming and error-prone process. Exela FAO's Accounts Payable automation solutions eliminate this burden by capturing invoice data electronically. This ensures accuracy and frees up your team to focus on other tasks. Additionally, processing delays can occur due to manual routing and approvals. Our solutions streamline these workflows, ensuring invoices are routed efficiently for faster approvals and payments to vendors.

How can Accounts Payable Automation benefit my business?

Accounts Payable automation offers several key benefits for your business. Firstly, it can significantly reduce costs. By eliminating manual processes and streamlining workflows, you can save on labor expenses and improve overall efficiency. Secondly, automation minimizes errors in invoice processing. Automated data capture ensures accuracy and reduces the risk of mistakes that can lead to delays and penalties. Thirdly, automation accelerates processing times. Invoices are routed for approval quickly, and payments are made to vendors faster, improving your financial standing and vendor relationships. Finally, with real-time insights into your spending, you gain greater control over your finances. This allows for more informed decision-making and improved cash flow management.

What services does Exela FAO offer for Accounts Payable Outsourcing?

Exela FAO offers a comprehensive suite of Accounts Payable Outsourcing Services designed to take the burden off your plate. We handle everything from invoice processing and approval workflows to secure payments and detailed reporting. Our team efficiently captures invoice data electronically, eliminating manual entry errors. We then route invoices for approval according to your established workflows, ensuring timely processing. Once approved, Exela FAO securely facilitates payments to your vendors. Finally, we provide comprehensive reports that give you clear visibility into your accounts payable activity, allowing you to track spending and make informed decisions.

Is Accounts Payable Outsourcing right for my business?

Accounts Payable Outsourcing can be a valuable solution for businesses facing several challenges. If you're experiencing processing delays due to manual tasks or limited resources, Exela FAO's automation and expertise can significantly improve efficiency. Additionally, if your current process is prone to errors or requires significant staff involvement, outsourcing can free up your internal team and ensure greater accuracy. Finally, if you're looking to reduce costs and improve your bottom line, Exela FAO's solutions can help streamline operations and save money.

How can I get started with Exela FAO's Accounts Payable Solutions?

Getting started with Exela FAO's Accounts Payable Solutions is easy. Simply contact us today! Our team of experts will assess your specific needs and recommend the best solution for your business.

Get In Touch

Ready to unlock the power of automation and streamline your financial processes? Our team of seasoned industry experts is here to guide you. Get in touch today, and let’s tailor a solution that jumpstarts your journey to a more efficient and productive financial future.