AP Automation for
Integrating systems delivers deep functionality and real efficiency gains in invoice processing and payment, providing management greater visibility and control across operations
Unlock true AP Automation with
RapidAP & PeopleSoft
Seamless integration with your system
RapidAP integrates quickly and smoothly with PeopleSoft to provide you complete, end–to–end accounts payable automation to meet current and future business needs.
An integrated solution
RapidAP captures and digitises data from invoices sent via email using world-leading Optical Character Recognition (OCR) technology. It then validates this data before passing it to PeopleSoft for straight-through processing or triggering PeopleSoft’s in-built invoice approval workflow.
What is PeopleSoft?
PeopleSoft offers a suite of applications that can be used as singular modules or together as an Enterprise Resource Planning (ERP) system. These applications include customer relationship management, human resource management, supply chain management, financial management, and enterprise performance management.
What can RapidAP offer PeopleSoft users?
RapidAP offers a modular end-to-end accounts payable solution. Users can select the functionality they require to meet their specific business requirements. This may include a combination of the following:
- OCR for data capture
RapidAP’s uses world-leading, AI-enabled OCR technology to achieve a data extraction rate of over 90% from invoices received via email. It then performs compliance checks on this data to validate it before sending it to PeopleSoft for invoice processing and payment. This means accounts payable officers do not need to manually enter payables information into the finance system.
- Ability to receive and process PEPPOL e-invoices
As a specialist accounts payable solution, RapidAP offers an integrated invoice receiver’s PEPPOL access point. This allows vendor e-invoices to be received by RapidAP and passed to PeopleSoft in the format the software requires for invoice processing; no manual intervention is required by users.
- Invoice processing workflows
RapidAP also offers a highly configurable business rules engine that can take care of invoice processing needs for both PEPPOL and traditional invoices. This may be important to you if you have complex business requirements that are not adequately met through a generic solution.
How does RapidAP work with PeopleSoft's invoice processing capabilities?
RapidAP has a flexible, modular structure. This means you can avoid any unnecessary duplication by selecting the functionality you require to fully automate accounts payable. For example, if you’re using PeopleSoft’s invoice processing workflows, you may want to add on an external OCR to extract and validate data from incoming PDF invoices (or other file types).
RapidAP’s sophisticated OCR enables you to fully automate the processing of invoices received by email as there is no need to manually run compliance checks on them or enter these payables into the finance system. RapidAP has an extraction success rate of over 90%, making the solution highly effective and efficient, while also delivering significant cost savings to your business versus time-consuming manual work.
As a specialist end-to-end accounts payable solution, RapidAP can receive and process PEPPOL e-invoices. It also offers its own in-built approval workflows for PEPPOL and traditional invoices, before integrating with PeopleSoft for invoice posting and payment.
How does RapidAP integrate with PeopleSoft?
Efficiency Leaders can use a range of integration methods to connect RapidAP with different systems. For contemporary ERPs, this includes connecting to REST and SOAP endpoints, while for older systems options include SFTP data exchange, CSV file exports, and direct connections to databases using stored procedures. With any of these methods, integration usually just takes a day or two.
What does integration involve?
Integration involves establishing connections between software interfaces to allow them to share data. It’s also about ensuring the structure and data fields in both systems match, so data can flow across all connected software components. Integrating systems improves operational efficiency, upholds data integrity, and gives management a real-time view of the business.
How do you ensure succesful systems integration?
For each deployment, Efficiency Leaders writes a detailed Scope and Requirements document and an Integration Specification document. This enables both parties to agree on the solution design and the integration method, providing assurance and attributing accountability for deliverables.
Testing is an important part of the integration process. Efficiency Leaders uses actual supplier invoices to validate the RapidAP solution is effective, and that data is passed smoothly to PeopleSoft for the next stage in the accounts payable process.
RapidAP has integrated with almost all ERP systems – including PeopleSoft – many times over. As a result, integration is a straightforward process, which helps to deliver a return on investment as quickly as possible.
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Unlock true automation with RapidAP & PeopleSoft