RapidAP for Universities
Our AI-powered Accounts Payable Automation Solution RapidAP helps Universities can manage their invoice processing and achieve Straight-Through-Processing (STP).
How can RapidAP help the Education Sector?
We help you make your AP process efficient with straight-through processing!
Universities face a variety of challenges when it comes to managing their Accounts Payable (AP) processes. One of the main challenges is the high volume of invoices they receive. Manually processing these invoices can be time-consuming and labour-intensive. Additionally, universities often have multiple departments with their own unique requirements and approval workflows. This can make it difficult to streamline and standardise the AP process.
However, RapidAP, an AI-based AP automation solution, can help universities overcome these challenges by providing a centralised platform for managing the entire AP process. With RapidAP, universities can automate the processing of invoices. They can create customised workflows to match their unique departmental needs and gain full visibility into the status of invoices. This can help universities save time, reduce errors, and improve efficiency in their AP processes.
Check out our RapidAP Interactive Demo
RapidAP is Australia’s #1 Accounts Payable Automation Software. Reduce your invoicing costs and make your process faster and more efficient with this solution. Check out the Demo to see the magic of RapidAP with your own eyes
Why should Universities Choose RapidAP?
A Straight-through Process to Make Invoice Processing Efficient
Cost Reduction
With RapidAP, universities can reduce their invoice processing costs by up to 82% by reducing manual data entry and eliminating paper-based processes.
Straight-through Process
It automates the entire invoice processing cycle, from capture to payment, achieving a straight-through process and reducing processing time by 80%.
Improved Data Accuracy
RapidAP’s latest OCR technology can extract and process data from invoices with 100% accuracy, reducing the need for manual data entry by 90%.
Cost Reduction
With RapidAP, universities can reduce their invoice processing costs by up to 82% by reducing manual data entry and eliminating paper-based processes.
Straight-through Process
It automates the entire invoice processing cycle, from capture to payment, achieving a straight-through process and reducing processing time by 80%.
Improved Data Accuracy
RapidAP’s latest OCR technology can extract and process data from invoices with 100% accuracy, reducing the need for manual data entry by 90%.
Increased Visibility
RapidAP’s dashboard provides real-time data and analytics to help universities better understand their AP processes, including invoice status, approval workflows, and payment schedules.
Supplier Management
Our solution streamlines supplier management by providing a centralised platform for managing supplier information, tracking performance, and communication.
Customised Workflow
RapidAP allows universities to customise approval workflows to fit their specific needs, ensuring that invoices are routed to the appropriate approvers and processed quickly.
Increased Visibility
RapidAP’s dashboard provides real-time data and analytics to help universities better understand their AP processes, including invoice status, approval workflows, and payment schedules.
Supplier Management
Our solution streamlines supplier management by providing a centralised platform for managing supplier information, tracking performance, and communication.
Customised Workflow
RapidAP allows universities to customise approval workflows to fit their specific needs, ensuring that invoices are routed to the appropriate approvers and processed quickly.
Our Solutions Integrate with all the Major ERPs
Integrate our solutions to your ERP
RapidAP is easy to integrate with more than 98% of the ERPs available in the market. Our team works with you to ensure our solution is integrated with your ERP seamlessly and quickly.
What are our Customers Saying
Efficiency Leaders has helped several companies streamline their Financial Processes and become more efficient while saving costs and improving profits. Look at what our clients have to say about our solutions.
“On day two of our live testing in New Zealand, the director of operations called me to ask not to take the product away”
~ Michael Thaler, Chief Financial Officer, Daiwa Living Nesuto Holdings Australia
“Efficiency Leaders’ solution has provided cost efficiencies and improvements in processes, resources and internal controls."
~ Kim Collins, Executive Manager of Finance of Twin Towns
"Thanks to the Efficiency Leaders solution, we have shortened AP tasks from taking two weeks to just one day! “
~ Maree Quizon, Senior Accountant, Royal Flying Doctor Service, QLD Section
"We can now go into our ERP software and click on a link to view the associated paperwork relating to the transactional information, which across 65 sites has been magic and saved a lot of phone calls and emails.”
~ Damien Frost, General Manager Finance, Brickworks
“Once again, I’ve been hearing nothing but praise from our AP Project members regarding your team. Thanks for being one supplier that makes my job easy”
~ Cameron Fisher, Procurement Partner, Integratedliving
“We were at crossroads: we either needed to invest further in staff or alternatively, invest in more efficient work processes and systems.”
~ Chris Davies General Manager of Remuera Golf Club
"We now have transparency with purchase orders being raised first in H&L. We have also gained visibility and control of our food and liquor costs."
~ The IT Manager of URBAN PURVEYOR GROUP
“The Efficiency Leaders team across the board has come together to ensure we have a solution that is robust and delivers on the requirements, whilst minimising our cost, which is a fantastic outcome.”
~ Gregg Liebenberg, Solutions Manager at Zespri International
"Thank you very much for your efforts to complete the RapidAP implementation and Go live for Hyundai."
~ ICT Project Manager - Hyundai Motor Company Australia
"We were looking for an accounts payable automation solution to handle our non-purchase order, purchase order and credit note invoice process, and provide two-way and three-way matching for straight-through processing. With over 250,000 invoices going through accounts payable each year in our division, we needed a solution that could handle the volume of invoices and number of users we require. We conducted an initial pilot in 2019 using Rapid AP in just a few select business units and found the solution met our requirements and we have since rolled it out to all business units successfully. With access to the controlling unit of our Rapid AP solution, we can make simple changes to the configuration, workflows, and perform ad-hoc admin tasks ourselves, which saves time, and allows us the autonomy that we desire. Based on our experience, I would recommend RapidAP and the team at Efficiency Leaders to any organisation with similar requirements from a specialist accounts payable automation software system."
Sam Nagra CFO, Sonic Pathology Australia Pty Ltd
"RapidAP is a modern digital electronic AP Automation workflow system that has substantially improved the timeliness and accuracy of the invoice process lifecycle for our Australian businesses. It provides efficient processes and workflows, is flexible, easy to use and has a robust control & approval framework which has provided us with both financial and non-financial benefits since implementation."
~ Christopher Wilks, CFO & Finance Director, Sonic Healthcare Limited
"During the testing stage, we actually had team members coming to me and wanting to push the go-live forward because they all wanted it straightaway. They could see the benefit of it, so adoption was overnight."
~ Matthew Abrahams, GM of Commercial Projects, Daiwa Living, Nesuto Holdings Australia
“I’m thrilled (and a little relieved) to see it (the AP solution) in action and to hear the genuine excitement, positive feedback and optimism for business efficiencies shared by our soon to be users."
~ Business Technology Owner Strategic Delivery, Lifetime Schemes – iCare NSW
“Thank you to you both and the teams involved in getting it all this far. I understand it has been complex and people have given their all and then some. This endorsement from Kat builds great confidence in me that CTP Care and the other Lifetime Schemes will have a meaningful solution to reduce file admin."
~ General Manager, CTP Care Lifetime Schemes
Michael Thaler, Chief Financial Officer,Daiwa Living Nesuto Holdings Australia
“On day two of our live testing in New Zealand, the director of operations called me to ask not to take the product away”
Kim Collins, Executive Manager of Finance of Twin Towns
“Efficiency Leaders’ solution has provided cost efficiencies and improvements in processes, resources and internal controls."
Maree Quizon, Senior Accountant, Royal Flying Doctor Service, QLD Section
"Thanks to the Efficiency Leaders solution, we have shortened AP tasks from taking two weeks to just one day! “
Cameron Fisher, Procurement Partner, Integratedliving
“Once again, I’ve been hearing nothing but praise from our AP Project members regarding your team. The feedback has been that nothing is ever an issue or too hard and they’re always accommodating of our requests and concerns. Thanks for being one supplier that makes my job easy”
ICT Project Manager - Hyundai Motor Company Australia
"Thank you very much for your efforts to complete the RapidAP implementation and Go live for Hyundai."
Sam Nagra CFO, Sonic Pathology Australia Pty Ltd
"We were looking for an accounts payable automation solution to handle our non-purchase order, purchase order and credit note invoice process, and provide two-way and three-way matching for straight-through processing. With over 250,000 invoices going through accounts payable each year in our division, we needed a solution that could handle the volume of invoices and number of users we require. We conducted an initial pilot in 2019 using Rapid AP in just a few select business units and found the solution met our requirements and we have since rolled it out to all business units successfully. With access to the controlling unit of our Rapid AP solution, we can make simple changes to the configuration, workflows, and perform ad-hoc admin tasks ourselves, which saves time, and allows us the autonomy that we desire. Based on our experience, I would recommend RapidAP and the team at Efficiency Leaders to any organisation with similar requirements from a specialist accounts payable automation software system."
Christopher Wilks, CFO & Finance Director, Sonic Healthcare Limited
"RapidAP is a modern digital electronic AP Automation workflow system that has substantially improved the timeliness and accuracy of the invoice process lifecycle for our Australian businesses. It provides efficient processes and workflows, is flexible, easy to use and has a robust control & approval framework which has provided us with both financial and non-financial benefits since implementation."
Matthew Abrahams, GM of Commercial Projects, Daiwa Living, Nesuto Holdings Australia
"During the testing stage, we actually had team members coming to me and wanting to push the go-live forward because they all wanted it straightaway. They could see the benefit of it, so adoption was overnight."
Business Technology Owner Strategic Delivery, Lifetime Schemes – iCare NSW
“I’m thrilled (and a little relieved) to see it (the AP solution) in action and to hear the genuine excitement, positive feedback and optimism for business efficiencies shared by our soon to be users."
General Manager, CTP Care Lifetime Schemes – iCare NSW
“Thank you to you both and the teams involved in getting it all this far. I understand it has been complex and people have given their all and then some. This endorsement from Kat builds great confidence in me that CTP Care and the other Lifetime Schemes will have a meaningful solution to reduce file admin."
Michael Thaler, Chief Financial Officer,Daiwa Living Nesuto Holdings Australia
“On day two of our live testing in New Zealand, the director of operations called me to ask not to take the product away”
Kim Collins, Executive Manager of Finance of Twin Towns
“Efficiency Leaders’ solution has provided cost efficiencies and improvements in processes, resources and internal controls."
Maree Quizon, Senior Accountant, Royal Flying Doctor Service, QLD Section
"Thanks to the Efficiency Leaders solution, we have shortened AP tasks from taking two weeks to just one day! “
Cameron Fisher, Procurement Partner, Integratedliving
“Once again, I’ve been hearing nothing but praise from our AP Project members regarding your team. The feedback has been that nothing is ever an issue or too hard and they’re always accommodating of our requests and concerns. Thanks for being one supplier that makes my job easy”
ICT Project Manager - Hyundai Motor Company Australia
"Thank you very much for your efforts to complete the RapidAP implementation and Go live for Hyundai."
Sam Nagra CFO, Sonic Pathology Australia Pty Ltd
"We were looking for an accounts payable automation solution to handle our non-purchase order, purchase order and credit note invoice process, and provide two-way and three-way matching for straight-through processing. With over 250,000 invoices going through accounts payable each year in our division, we needed a solution that could handle the volume of invoices and number of users we require. We conducted an initial pilot in 2019 using Rapid AP in just a few select business units and found the solution met our requirements and we have since rolled it out to all business units successfully. With access to the controlling unit of our Rapid AP solution, we can make simple changes to the configuration, workflows, and perform ad-hoc admin tasks ourselves, which saves time, and allows us the autonomy that we desire. Based on our experience, I would recommend RapidAP and the team at Efficiency Leaders to any organisation with similar requirements from a specialist accounts payable automation software system."
Christopher Wilks, CFO & Finance Director, Sonic Healthcare Limited
"RapidAP is a modern digital electronic AP Automation workflow system that has substantially improved the timeliness and accuracy of the invoice process lifecycle for our Australian businesses. It provides efficient processes and workflows, is flexible, easy to use and has a robust control & approval framework which has provided us with both financial and non-financial benefits since implementation."
Matthew Abrahams, GM of Commercial Projects, Daiwa Living, Nesuto Holdings Australia
"During the testing stage, we actually had team members coming to me and wanting to push the go-live forward because they all wanted it straightaway. They could see the benefit of it, so adoption was overnight."
Business Technology Owner Strategic Delivery, Lifetime Schemes – iCare NSW
“I’m thrilled (and a little relieved) to see it (the AP solution) in action and to hear the genuine excitement, positive feedback and optimism for business efficiencies shared by our soon to be users."
General Manager, CTP Care Lifetime Schemes – iCare NSW
“Thank you to you both and the teams involved in getting it all this far. I understand it has been complex and people have given their all and then some. This endorsement from Kat builds great confidence in me that CTP Care and the other Lifetime Schemes will have a meaningful solution to reduce file admin."
Read our Case Studies
Twin Towns
Accounts Payable
Royal Flying Doctor Service
Accounts Payable
iCare Insurance
Accounts Payable
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