EASY Accounts Payable

EASY Accounts Payable is a solution designed to automate the accounts payable process in SAP. According to the vendor, it is tailored for small to large enterprises and caters to the needs of accounting professionals, finance managers, procurement managers, as well as manufacturing and retail companies. With its invoice processing capabilities, EASY Accounts Payable aims to streamline workflows, ensure compliance, and enhance profitability for businesses across various industries.

Key Features

Accounts Payable Automation in SAP: According to the vendor, this solution provides an efficient way to process both paper and electronic invoices in a uniform and transparent manner directly within SAP. It is said to automatically recognize invoice contents and seamlessly integrate them into SAP, while ensuring revision-proof archiving for easy access.

Speed and Efficiency: EASY Accounts Payable aims to enable fast month-end and year-end closings, maintain compliance guidelines, and facilitate cash flow planning. The vendor claims that it eliminates the need for manual verification of order-related invoices, reduces transport and wait times in the processing workflow, and streamlines verification and approval processes.

Profitability and Shared Service: According to the vendor, this solution aims to help businesses avoid missed payment deadlines and loss of discount options, enhancing process transparency and preventing lost invoices. It is also said to prevent duplicate payments, making it suitable for financial accounting departments working as shared service centers.

Mobile Invoice Approvals: EASY Accounts Payable is claimed to accelerate approval processes and support mobile work on desktops, smartphones, or tablets. The vendor states that the user-friendly interfaces in SAP Fiori/HTML5 enhance the overall user experience.

Format Variety: The vendor claims that this solution efficiently processes incoming invoices from various channels, including analog paper invoices, PDF invoices, ZUGFeRD, and EDI format invoices, ensuring flexibility and adaptability to different invoice formats.

Revision-Proof Archiving: EASY Accounts Payable is said to archive invoice documents across all processing steps, providing legal security and easy access for users. According to the vendor, it ensures that all invoices are securely stored and can be retrieved with a simple click.

Escalation Management: The vendor claims that this feature automates reminders of discount periods and payments due, minimizing the risk of missing discount periods and incurring default costs. It is intended to help businesses stay on top of their payment schedules and optimize their financial processes.

Analysis & Reporting: According to the vendor, this solution provides extensive statistics for process optimization, offering relevant key performance indicators (KPIs) for cycle times, automatic processing rates, and discount potential. It is said to support reporting and controlling functionalities, enabling businesses to gain valuable insights into their accounts payable operations.

Integration in the Purchasing Process: EASY Accounts Payable is said to seamlessly integrate with easy Contract for SAP and easy Procurement Management for SAP, allowing businesses to manage contracts and complete purchasing processes efficiently.

Automation & High Recognition Rates: The vendor claims that this solution automatically extracts header and item data from incoming invoices, reducing the manual effort required for validation. It is said to continually learn from validation actions, increasing automatic recognition rates over time.