Take Your
Invoicing Process
to the Nxt Level.
With Smart Automation from NxtEdge.
Convert your food and supplies invoices from paper to digital
plus real-time inventory updates and exports to accounting.
Take Your
Invoice Process
to the Nxt Level.
With Smart Automation from NxtEdge.
Easily Automate Your Manual Invoicing Process.
Go From Invoice to Inventory and Accounting with ZERO Data Entry.
Convenient
Uploading
Upload single or batched invoices using a computer, scan with a smart phone, attach to an email, or through direct connection with your vendor.
Real-Time
Processing
Sophisticated optical character recognition automation technology processes the invoice along with line item details in real-time.
Precision
Output
The invoice is exported and distributed exactly where it needs to go – accounting for payables and accurate inventory management.
Our Integration Partners
What is the Average Cost of Invoice Processing?
Companies that use little or no automation when processing invoices tend to spend more than $10 per invoice, while companies that have little to no manual steps in their AP process spend $2 or less per invoice, according to data from the American Productivity & Quality Center.
That means if you have not automated your payments process, you could potentially reduce your AP overhead by 90%.
Therefore, the cost to process an invoice is such a key metric.
What Causes High Invoice Processing Costs?
5 Costly Factors in the AP Process:
- Manually doing tasks on paper
- Manually matching invoice data and accounting software data
- Manually matching invoice and PO data
- Paper-based Approvals
- Clunky or Outdated AP Software
Why Automate Your Invoice Process?
