SnapAP
SnapAP provides AP teams with a complete Procure-To-Pay digitized workflow, from requisition to strategic payment management. The cloud-based application is immediately available in a mobile environment. SnapAP automation provides enhanced accessibility, security and cash flow visibility, while maintaining your ERP investment. Featured functionalities include a supplier portal (free), requisitions capability, purchase orders, automated accruals, delivery receipts, invoice processing, payments manager, employee expenses, full audit controls, ERP integration, and artificial intelligence OCR data extraction (invoice/expense). SnapAP immediately adds value for any organization processing upwards of 1000 invoices monthly or managing active relationships with 100 or more external vendors. SnapAP users experience measurable results around accuracy, speed and cost savings. Improved accuracy is achieved with a 3-way matching approach and fully paperless AP process, allowing some clients to reduce defect rates as high as 30% down to under 2% overall. With SnapAP, some customers have reduced PO and AP processing times from as long as 2-weeks to same-day completion. Another benefit is lower processing cost from industry benchmark of $17.61 down to as low as $1.61 per-invoice cost. SnapAP is accessible with the latest internet browsers, Android and iOS mobile devices.
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