Why automate accounts payable?

In the current economic climate, local government authorities are under pressure to bring down costs and become more profitable without cutting services or increasing rates. Automating manual invoice approvals reduces accounts payable processing time and cost, building stronger supplier relationships and delivering better service to ratepayers.

What’s PEPPOL e-Invoicing?

Pan European Public Procurement Online (PEPPOL) is an international electronic invoicing standard that originated in Europe and that Australia and New Zealand adopted in 2019. Electronic invoicing enables direct data exchange between trading partners’ finance systems, limiting manual data entry, reducing exceptions, and allowing quicker payments. The Federal Government is encouraging its widespread adoption to stimulate economic growth.

What does RapidAP provide?

RapidAP provides an integrated buyer’s PEPPOL access point, data capture technology, enforced compliance checks, matching process for purchase order invoices, centralised document repository, workflow for approval tasks, straight-through processing, and seamless integration with OneCouncil for payment. RapidAP can replicate your structure and internal compliance requirements so there are no gaps or inefficient workarounds for your accounts payable team.

What this means for your LGA?

What do you need to know before you choose your access point provider? How will e-Invoicing work your end? How will it work with my ERP? What will your transition look like?

Dan Bennett

Efficiency Leaders Director