What’s new with Australia’s best accounts payable automation service?

Accounts Payable Automation

Autofile, Australia’s best accounts payable automation service designed to streamline your purchase-to-pay business process has been enhanced with a range of exciting new features.

Handle multiple invoice types in MYOB

For MYOB users the Autofile integration module is now capable of handling multiple invoice types including Service, Miscellaneous and Item invoice types. This expanded feature is perfect for organisations that need to automatically allocate and verify invoice line items to different cost centres or GL codes.

New Integrated Purchase Order System for MYOB & Xero

In addition the new fully integrated Purchase Order System is a welcome new feature for MYOB and Xero users. This enables organisations to raise and process purchase orders linked directly to specific jobs, suppliers and products already in MYOB and Xero.

Autofile will enable captured creditor invoices to be automatically validated and verified against the purchase order. Specific data which can be matched includes purchase order number, amount and receipt of goods. If matched, the creditor invoice will be imported and raised automatically in Xero or MYOB ready for payment. All without any manual data entry.

With up to three approval stages in an automated rules-based workflow, managers can also view and approve purchase orders from anywhere. Approval levels can be assigned based on purchase type or amount improving overall organisation compliance and audit capabilities.

The automated purchase order workflow now also has depleting budgets for individuals and departments which provides management with transparency over purchase budgets, improving overall cash flow management.

These new features will prove extremely beneficial for those organisations using MYOB or Xero looking to improve their accounts payable process automation.

For more information, contact Colourworks Australia on 1300 351 594 or visit here.

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