Streamlining AP Approvals in Acumatica
This video explores the common business challenge of manual AP approvals and presents an innovative Acumatica solution for increased efficiency and accuracy.
(a) Challenges of Manual AP Approvals
- Manual processes are a major productivity killer, especially for AP approvals. They create bottlenecks that slow down business operations.
- Manual AP approvals are time-consuming and prone to errors. This can lead to late payment fees and strained vendor relationships.
(b) Acumatica Solution: Automated Mass Approval of AP Bills
- A custom generic inquiry (GI) was designed to display all pending AP bills with a mass action checkbox. This allows approvers to select and approve multiple bills at once.
- The GI acts as a dashboard providing approvers with a clear, organized view of pending bills. This streamlines the approval process and reduces the risk of bills slipping through the cracks.
Benefits of Automated Mass Approval
- Increased Efficiency: Approvers can process bills much faster, freeing up time for other tasks.
- Improved Accuracy: The organized dashboard view reduces the likelihood of errors.
- Stronger Vendor Relationships: Timely payments foster positive vendor relationships.
- Enhanced Profitability: Increased efficiency and accuracy contribute to overall business profitability.
Tayana Solutions is highlighted as a leading Acumatica services partner, known for its expertise in leveraging Acumatica’s flexibility to create tailored solutions for clients. They effectively listen to their clients’ needs and utilize Acumatica to meet those needs. Their contact number is 678-910-2774.