Name: Axosnet ERP Connector
Author: Axosnet

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The Axosnet ERP Connector is a solution designed by Axosnet to automate the registration of approved vendor invoices in the cloud to your SAP ERP system. According to the vendor, this tool aims to streamline the accounts payable workflow, reduce manual data entry, and improve efficiency in invoice processing. The product is said to be suitable for companies of all sizes, including small businesses and large enterprises. It is intended for use by finance and accounting professionals, procurement managers, operations managers, manufacturing companies, and retail companies. 

## Key Features

**Automate Vendor Invoices**: According to the vendor, the Axosnet ERP Connector automates the registration of approved vendor invoices in the cloud to your SAP ERP system, with the goal of streamlining the accounts payable workflow and reducing manual data entry.

**Cloud Integration**: The vendor claims that the Axosnet ERP Connector keeps vendor data synchronized between the cloud and your SAP ERP system, seamlessly integrating vendor invoice management between SAP Concur Invoice and SAP ERP.

**Invoice Registration**: According to the vendor, the Axosnet ERP Connector automates the registration of all approved invoices in SAP Concur Invoice to your SAP ERP system, ensuring accurate and timely registration for payment processing.

**Policy Compliance**: The vendor states that the Axosnet ERP Connector allows you to configure the solution to enforce company policies for expense and invoice management, aiming to ensure adherence to corporate guidelines and improve compliance with tax regulations.

**Real-time Updates**: According to the vendor, the Axosnet ERP Connector enables real-time updates in SAP Funds Management when expense requests are changed, keeping budget information synchronized between SAP Concur Request and SAP Funds Management.

**SAP Integration**: The vendor claims that the Axosnet ERP Connector seamlessly integrates with SAP ERP systems to provide a complete view of financial data, with the aim of enhancing decision-making and improving operational efficiency.

**Vendor Management**: According to the vendor, the Axosnet ERP Connector allows you to sync supplier information to your cloud system automatically, manage purchase orders and goods receipts for 3-way match, and facilitate communication and collaboration with vendors.

AvidXchange is an automated bill payment system.

AvidXchange

BILL is an online service for SMBs which provides a central dashboard for managing Accounts Receivable, Accounts Payable, and cash flow management. It syncs with all major accounting systems like QuickBooks, Sage, Intaact, and NetSuite.

Essentials

Team

Corporate

BILL

Axosnet ERP Connector

Accounts Payable

Axosnet

Features found in accounts payable software products

Automated Accounts Payable Processes

Accounts payable processes are automated based on pre-determined workflows.

Vendor Management

Holds information related to vendor terms and contracts.

Tax Form Preparation

Allows users to create and share tax forms within the platform.

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

Customizable Approval Policies

Policies for different types of approvals can be customized, sent to multiple approvers, automatically approved, etc.

Financial Document Management

Invoices, expense reports, and associated documents are stored within the platform for any future needs.

Payment Status Tracking

Tracks what stage payments are at in the process, from approval to receipt.

Payment Audit Trail

Allows admin users visibility into the entire payment process, from receiving the expense claim or invoice to the payee receiving payment.

Duplicate Bill Detection

Detects duplicate invoices or expense reports to prevent double payments.

Advanced OCR

Automatically imports information from invoices, receipts, expense reports, and other 
scanned documents into the platform.

Electronic Funds Transfer

Funds can be transferred via EFT as opposed to paper checks.

PCI Compliant Security Measures

Banking and finance information is protected according to Privacy Shield and GDPR standards.

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Axosnet ERP Connector

Overview

What is Axosnet ERP Connector?