The cost of manually processing a supplier invoice is estimated to be $17-$56, depending on the type of business and current automation initiative. By automating your Accounts Payable, you can reduce your annual administrative costs by up to 50% per invoice.
This frees up resources in the finance department and provides better visibility over costs, as well as reducing interest charges. It also provides a more reliable and efficient workflow, makes budget work easier and takes on a more GREEN approach by reducing paper consumption.
Is Microsoft Dynamics AX your ERP system? Then ExFlow® AX is the right solution for you.
ExFlow® AX is Microsoft Dynamics AX certified add-on module for Accounts Payable Automation. In contrast to other solutions, no integration is required as ExFlow® is fully built into AX.
Finance staff can continue to work in the already familiar Dynamics AX environment, reducing training needs. There are no external systems requiring synchronisation, which ensures accurate data in real time to all users. Approvers work in a modern web interface and receive automatic reminders whenever there are documents awaiting approval.
Our competitors claim they can integrate their solutions with almost all major ERP systems. With ExFlow® AX, we are dedicated to creating the best solution for Dynamics AX.
MICROSOFT DYNAMICS AX
ExFlow® AX is available for the following versions of Microsoft Dynamics AX
Dynamics 365 for Operations
Dynamics AX 2012
Dynamics AX 2009
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With ExFlow AX, the entire approval flow is processed and managed directly in Dynamics AX.
With ExFlow AX, you only work with AX’s register. No duplicate account plans, supplier registers in external systems.
With ExFlow AX you don’t need to wait for an approved invoice to sync with Dynamics AX. As soon as an approver has registered or approved an invoice, it will appear in Dynamics AX in real time.
With ExFlow AX you can control the entire accounts payable process by monitoring all invoice transactions directly in Dynamics AX.
With ExFlow AX you have full access to invoice images, appendices and the full audit trail from all modules and screens in the business system.
With ExFlow AX you can match quantity, unit prices and deliveries received on the purchase invoice with the purchase order directly in Dynamics AX.
Since ExFlow AX is a certified add-on module for Microsoft Dynamics AX, the application uses Dynamics AX’s normal interface. No learning-period. Just business as usual.
ExFlow AX require no extra servers, since it’s not a separate system but an add-on module for Dynamics AX.
Since ExFlow AX only use Dynamics AX´s own database. No integration is necessary!
With ExFlow AX you don’t need to wait for an approved invoice to sync with Dynamics AX. As soon as an approver has registered approved an invoice, it will show up in Dynamics AX.
With ExFlow AX, you only work with AX’s own registers. There are no duplicate versions of account plans and supplier registers in external systems.
According to an article in Computer Sweden published on 8 April 2011, (based on a survey undertaken by Radar Group), system integration expenditures can reach up to $ 16,800 per year for each stand-alone application integrated instead of built into the ERP system. While it’s difficult to calculate exact costs, one thing is undeniable – system integration is extremely expensive to maintain. Add to this the delays in information caused by databases being synchronised, operational downtime resulting from systems being updated, increased support requirements and increased license costs, etc. In other words, a major increase in Total Cost of Ownership.