Top 10 Ways to Use Perceptive Solutions
in Accounting
Perceptive Software solutions for accounting work with your core
systems to improve transactional efficiency and boost visibility into
your financial processes. Here are the top 10 ways our customers
use Perceptive to enhance their accounting operations:
1. Shorten the AP processing cycle and improve
cash flow.
Reduce manual data entry with advanced capture, automate
approvals and control exceptions, so you make strategic use
of vendor discounts to optimize cash flow and days payables
outstanding (DPO).
2. Standardize approval processes and
documentation for manual journal entries.
Standardize approval processes and documentation for manual
ledger entries with a seamless connection to your core system.
After documentation has been uploaded, workflow automatically
routes entries for the appropriate approvals.
3. Enhance sales and use tax compliance.
Use Perceptive Intelligent Capture to automatically apply the
correct tax coding to invoices. Set up routing rules to automatically
6. Increase the accuracy and speed of sales order
processing.
Use advanced capture to get sales orders into your system quickly
and accurately with minimal manual data entry. Route orders into
workflow so documents get to the correct people for processing.
7. Create a seamless connection to accounts
receivable and improve cash flow.
Capture vendor remittance information from paper, your lockbox
or a bank feed and connect it seamlessly to your accounts receivable
process to increase visibility into days sales outstanding (DSO).
8. Process internal check requests quickly without
additional data entry.
Capture internal payment requests or check requests directly into
an electronic form, pass them directly into your accounts payable
process, and route for approval with no need for additional data
entry or scanning.
9. Gain better control of your procurement card
program.
send specific kinds of invoices to your tax department for review
Capture receipt documents and route through approval, review or
to mitigate risk and simplify response to audits.
reconciliation workflows to match and support your p-card process.
Automatically link receipts and supports to p-card transactions in
4. Standardize the supplier set-up process to
enhance compliance.
Connect invoice workflow directly to purchasing functions to
identify out-of-program buying and limit usage of unauthorized
vendors.
your ERP or p-card software application.
10. Use enterprise search to quickly locate any
pertinent document, file or email generated across
your organization.
Locate vendor contracts, terms of sales and expenditure approvals
5. Reduce the scope of audits with capture,
workflow and content management.
whether they’re contained in content repositories, SharePoint sites,
email systems, network shares, intranets or extranets.
When key processes are documented through automation, auditors
don’t have to manually review transaction processes. A technical
auditor can check to see if your solution matches required policies,
drastically reducing auditing fees.
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Top-10-Ways-Use-Perceptive-Solutions-Accounting_Brochure