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🚀 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗱𝗶𝘁𝗰𝗵 𝗺𝗮𝗻𝘂𝗮𝗹 𝗶𝗻𝘃𝗼𝗶𝗰𝗶𝗻𝗴 𝗵𝗲𝗮𝗱𝗮𝗰𝗵𝗲𝘀? Check out 👉 https://lnkd.in/gJMCFwE4 how cloud-based invoice management can transform your financials Imagine automating the entire process with ERP integration! Save time, reduce errors, and streamline your workflow—all in one go. You won't want to miss this! 💸 𝗪𝗵𝗮𝘁'𝘀 𝗶𝗻𝘀𝗶𝗱𝗲: 🤖Automate invoice capture ⏱️Real-time access to financial data 🤝Cross-department collaborations hashtag #ERPIntegration hashtag #InvoiceAutomation hashtag #FinancialEfficiency hashtag #CloudTech hashtag #BusinessTransformation

There seems to be some confusion in the market regarding Accounts Payable Automation.   Many think it’s about OCR, but that’s just part of it.   Yes, it starts with OCR. This is where the hard cost savings come to play because it removes the need to manually key important data from each invoice.   But if you stop here, you’re leaving money on the table and your downstream processes will suffer.   Here’s what it takes to completely automate AP .   A content (document management) enabled workflow is a must. This takes the OCR feed with a digital copy of the invoice and mines the data to decide the best course of action using established workflow rules.   For PO based invoices, this usually includes PO matching and any exceptions such as receipting and pricing are sent to AP for actioning within queues. Once invoices match and exceptions are fixed, the data is automatically sent to the ERP with a link to the invoice for viewing within the ERP if required.   For expense-based invoices, these follow a different path for where auto coding using historical data does most of the work. Depending on coding and value, delegated authority rules determine who needs to approve the invoices. Once complected, the ERP is updated.   The devil is in the detail, and no 2 systems are the same, so you need to be able to customize the process to match your exact requirements.   We’ve built countless systems ranging in monthly volume from 300 to 400,000 invoices, working with all the usual ERP platforms and we’ve learnt a lot. We've made a framework as one of our PIQNIC point solutions based on all this experience.   Interestingly, around 50% of our customers are replacing semi-automated processes to go deeper and further, the rest are full transformations from manual AP processes.   Once you go completely automated, you’ll wonder how on earth you managed all those pesky invoices before.   Get in touch if you’d like to know more. Our customers are happy to talk to you too. #apautomation #workflow #bpm #piqnic

𝗠𝗮𝗿𝗴 𝗘𝗥𝗣 𝗶𝘀 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲—𝗶𝘁’𝘀 𝗮 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻. While others are stuck in basic accounting, Marg ERP is reshaping the future with 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝘀, 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀, 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗣𝘂𝘀𝗵 𝗦𝗮𝗹𝗲𝘀, 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗕𝗮𝗻𝗸𝗶𝗻𝗴, 𝗠𝗮𝗿𝗴 𝗪𝗮𝗹𝗹𝗲𝘁, and 𝗧𝗿𝘂𝗲 𝗖𝗹𝗼𝘂𝗱 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 like 𝗠𝗮𝗿𝗴𝗕𝗼𝗼𝗸𝘀. We’ve built a system that integrates 𝗘𝗥𝗣-𝘁𝗼-𝗘𝗥𝗣 𝗼𝗿𝗱𝗲𝗿𝘀, 𝘀𝗺𝗮𝗿𝘁 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻, multiple 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 like 𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝘆, Offline Stores, Each Company Own Data 𝗘𝗖𝗢𝗗, and even 𝗔𝗕𝗛𝗔 to connect with the government’s healthcare initiatives. When others charged high prices for simple features, Marg ERP offered complete solutions—inventory, accounting, gst returns intigrations, digital revolution, manufacturer production planning, costing and more—at affordable rates. This is why today, 𝗼𝘃𝗲𝗿 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 rely on us. Marg ERP doesn’t just simplify processes; it transforms them. From 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱’𝘀 𝗳𝗶𝗿𝘀𝘁 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 to 𝗠𝗮𝗿𝗴𝗣𝗮𝘆 for automated B2B payments, and 𝗦𝗵𝗶𝗽 𝗼𝗻 𝗖𝗹𝗶𝗰𝗸 for seamless deliveries, we are at the forefront of innovation. We are shaping tomorrow with 𝗠𝗮𝗿𝗴𝗕𝗼𝗼𝗸𝘀, a 100% true cloud-based solution, designed to grow with you. Marg ERP is building a connected world—where the 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁, 𝗿𝗲𝘁𝗮𝗶𝗹𝗲𝗿𝘀, 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗼𝗿𝘀, and 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀 are all part of one system. We're not here to simply provide software; we’re here to 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. And the change we make will be remembered for generations. 𝗝𝗮𝗶 𝗛𝗶𝗻𝗱!

𝗠𝗮𝗿𝗴 𝗘𝗥𝗣 𝗶𝘀 𝗻𝗼𝘁 𝗷𝘂𝘀𝘁 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲—𝗶𝘁’𝘀 𝗮 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻. While others are stuck in basic accounting, Marg ERP is reshaping the future with 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲𝘀, 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗮𝘆𝗺𝗲𝗻𝘁𝘀, 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗣𝘂𝘀𝗵 𝗦𝗮𝗹𝗲𝘀, 𝗖𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗕𝗮𝗻𝗸𝗶𝗻𝗴, 𝗠𝗮𝗿𝗴 𝗪𝗮𝗹𝗹𝗲𝘁, and 𝗧𝗿𝘂𝗲 𝗖𝗹𝗼𝘂𝗱 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 like 𝗠𝗮𝗿𝗴𝗕𝗼𝗼𝗸𝘀. We’ve built a system that integrates 𝗘𝗥𝗣-𝘁𝗼-𝗘𝗥𝗣 𝗼𝗿𝗱𝗲𝗿𝘀, 𝘀𝗺𝗮𝗿𝘁 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻, multiple 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 like 𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗼𝗿𝘆, Offline Stores, Each Company Own Data 𝗘𝗖𝗢𝗗, and even 𝗔𝗕𝗛𝗔 to connect with the government’s healthcare initiatives. When others charged high prices for simple features, Marg ERP offered complete solutions—inventory, accounting, gst returns intigrations, digital revolution, manufacturer production planning, costing and more—at affordable rates. This is why today, 𝗼𝘃𝗲𝗿 𝟭 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 rely on us. Marg ERP doesn’t just simplify processes; it transforms them. From 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱’𝘀 𝗳𝗶𝗿𝘀𝘁 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗲𝗱 𝗯𝗮𝗻𝗸𝗶𝗻𝗴 to 𝗠𝗮𝗿𝗴𝗣𝗮𝘆 for automated B2B payments, and 𝗦𝗵𝗶𝗽 𝗼𝗻 𝗖𝗹𝗶𝗰𝗸 for seamless deliveries, we are at the forefront of innovation. We are shaping tomorrow with 𝗠𝗮𝗿𝗴𝗕𝗼𝗼𝗸𝘀, a 100% true cloud-based solution, designed to grow with you. Marg ERP is building a connected world—where the 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁, 𝗿𝗲𝘁𝗮𝗶𝗹𝗲𝗿𝘀, 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗼𝗿𝘀, and 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀 are all part of one system. We're not here to simply provide software; we’re here to 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. And the change we make will be remembered for generations. 𝗝𝗮𝗶 𝗛𝗶𝗻𝗱!

Exciting News! Introducing Our New Account Payable Automation Solution, Integrated with JD Edwards! 🚀 In today's fast-paced business environment, efficiency and accuracy are paramount. That's why we're thrilled to announce the launch of our revolutionary Account Payable Automation product, designed to transform your accounts payable workflow into a streamlined, reliable, and transparent operation. Now seamlessly integrated with JD Edwards, our solution offers even more powerful capabilities for your business. 🌟 What is Account Payable Automation? Our solution leverages cutting-edge technologies like AI, machine learning, and OCR to automate the tedious process of managing and paying invoices. Say goodbye to manual, error-prone, and time-consuming tasks, and Hello to increased efficiency and reduced operational costs. 📊 Key Features: Multiple Buckets: Easily track invoices through various stages such as Gate, Unload, Store, Quantity, Finance, and Voucher. Gate Entries Count: Get an instant overview of your workload and efficiently allocate resources. Circular & Error Graphs: Visualize the status of your invoices and quickly identify errors for prompt resolution. Advanced Filters: Customize your dashboard view based on status, date range, vendor, and more for detailed analysis. JD Edwards Integration: Seamlessly connect with JD Edwards to enhance data accuracy and streamline your financial processes. 🔍 How It Works: Gate: Invoices are received, validated, and prepared for further processing using OCR technology. Unload: Enter and validate invoice quantities for accurate tracking. Store: Manage various invoice types and create GRNs with precise amount validation with real-time integration with JD Edwards Quantity: Ensure accurate matching of invoice quantities with purchase orders or delivery receipts. Finance: Create and manage supplier vouchers with an integrated approval workflow and audit trail also integrated with JD Edwards. Voucher: Confirm payment vouchers with detailed information and robust search options. Our Account Payable Automation solution, integrated with JD Edwards, is your key to a more efficient, accurate, and transparent financial workflow. Ready to revolutionize your accounts payable process? Contact us today to learn more and get started! #AccountsPayable #Automation #AI #MachineLearning #Finance #BusinessEfficiency #Innovation #Technology #JDEdwards #Integration Ved Prakash Sharma, Amit Kumar, Bhushan S., Jatin Dhiman, Ashish Yadav

Streamlining invoice processing workflows is key to enhancing efficiency and reducing bottlenecks. Our latest article dives into proven techniques that transform invoice management, from data-driven strategies to cutting-edge automation solutions. Explore the transformative power of AP automation to streamline invoice management and optimize operational control! Read the full article today. #InvoiceManagement #Automation #TrinDocs

Exciting News! Introducing Our New Account Payable Automation Solution, Integrated with JD Edwards! 🚀 In today's fast-paced business environment, efficiency and accuracy are paramount. That's why we're thrilled to announce the launch of our revolutionary Account Payable Automation product, designed to transform your accounts payable workflow into a streamlined, reliable, and transparent operation. Now seamlessly integrated with JD Edwards, our solution offers even more powerful capabilities for your business. 🌟 What is Account Payable Automation? Our solution leverages cutting-edge technologies like AI, machine learning, and OCR to automate the tedious process of managing and paying invoices. Say goodbye to manual, error-prone, and time-consuming tasks, and Hello to increased efficiency and reduced operational costs. 🔍 How It Works: Gate: Invoices are received, validated, and prepared for further processing using OCR technology. Unload: Enter and validate invoice quantities for accurate tracking. Store: Manage various invoice types and create GRNs with precise amount validation with real-time integration with JD Edwards Quantity: Ensure accurate matching of invoice quantities with purchase orders or delivery receipts. Finance: Create and manage supplier vouchers with an integrated approval workflow and audit trail also integrated with JD Edwards. Voucher: Confirm payment vouchers with detailed information and robust search options. Our Account Payable Automation solution, integrated with JD Edwards, is your key to a more efficient, accurate, and transparent financial workflow. Ready to revolutionize your accounts payable process? Contact us today to learn more and get started! #accountspayable #Automation #AI #MachineLearning #Finance #BusinessEfficiency #Innovation #Technology #JDEdwards #integration Ved Prakash Sharma, Amit Kumar, Jatin Dhiman, Bhushan S., Ashish Yadav, sudhir kumar, Sweeti Sagar, Vikas Sharma, Tanaya Kand, Niroj Kumar Meher, Vishal Sutar, Neeraj Bisht, Anurag Singh Chauhan

A guide to basic accounting for manufacturing businesses via Sage: https://bit.ly/4fgNHJF. "Lean manufacturing is all about minimizing waste while maximizing productivity. It is a practice first initiated by Toyota but has influenced manufacturing for decades, particularly the automobile industry. Since then, many other industries have come to regard removing waste from their processes as beneficial to the bottom line. As you streamline manufacturing processes to eliminate waste and shorten the time between receiving and orders, you can also streamline your accounting processes and use them to gather relevant operating information. This provides valuable feedback on your manufacturing and inventory processes. Without adapting accounting for manufacturing processes, especially as it increases in complexity as your business grows, it may be difficult to understand how changes in your operations are making a difference to your manufacturing bottom line. To reduce the costs of doing business, you must understand first where your production costs lie. It helps if you break down product costs from all the contributing factors that play a part in the cost of the manufacturing product – not only for each item but for all the activities that add cost to the end product. If you want to refine your production process and automate aspects of your business, accurate costing information helps you identify wasteful costs passed on to the customer or absorbed within the company. This is all in aid of increasing your revenue and your profit margins." READ MORE HERE: https://bit.ly/4fgNHJF IFI is a team of accounting, planning & CRM FinTech professionals. We help complex customers implement advanced integrated back-office systems that deliver business insights. If we can help you, please contact us at (949) 556-3699 or info@IFIprofessionals.com. #ManufacturingAccounting #IFI #IFIProfessionals #CorporateAccounting #DigitalTransformation #ContinuousPlanning #CRM #FinancialTransformation #RPA #RoboticProcessAutomation

Exciting News! Introducing Our New Account Payable Automation Solution, Integrated with JD Edwards! 🚀 In today's fast-paced business environment, efficiency and accuracy are paramount. That's why we're thrilled to announce the launch of our revolutionary Account Payable Automation product, designed to transform your accounts payable workflow into a streamlined, reliable, and transparent operation. Now seamlessly integrated with JD Edwards, our solution offers even more powerful capabilities for your business. 🌟 What is Account Payable Automation? Our solution leverages cutting-edge technologies like AI, machine learning, and OCR to automate the tedious process of managing and paying invoices. Say goodbye to manual, error-prone, and time-consuming tasks, and Hello to increased efficiency and reduced operational costs. 📊 Key Features: Multiple Buckets: Easily track invoices through various stages such as Gate, Unload, Store, Quantity, Finance, and Voucher. Gate Entries Count: Get an instant overview of your workload and efficiently allocate resources. Circular & Error Graphs: Visualize the status of your invoices and quickly identify errors for prompt resolution. Advanced Filters: Customize your dashboard view based on status, date range, vendor, and more for detailed analysis. JD Edwards Integration: Seamlessly connect with JD Edwards to enhance data accuracy and streamline your financial processes. 🔍 How It Works: Gate: Invoices are received, validated, and prepared for further processing using OCR technology. Unload: Enter and validate invoice quantities for accurate tracking. Store: Manage various invoice types and create GRNs with precise amount validation with real-time integration with JD Edwards Quantity: Ensure accurate matching of invoice quantities with purchase orders or delivery receipts. Finance: Create and manage supplier vouchers with an integrated approval workflow and audit trail also integrated with JD Edwards. Voucher: Confirm payment vouchers with detailed information and robust search options. Our Account Payable Automation solution, integrated with JD Edwards, is your key to a more efficient, accurate, and transparent financial workflow. Ready to revolutionize your accounts payable process? Contact us today to learn more and get started! #APAutomation #JDEdwardsIntegration #TechSolutions #FinanceEfficiency #DigitalTransformation #AccountsPayable #SeamlessIntegration #EnterpriseSoftware #BusinessAutomation #InnovationInFinance #TechForBusiness Ved Prakash Sharma, Amit Kumar, Ashish Yadav, Bhushan S., Sweeti Sagar, Karan Gupta, Tanaya Kand, HRITIK CHAUHAN, Anurag Singh Chauhan, Mohemmad Muddassir Khan, Vikas Sharma, Aakash kumar, Ravinder kumar