How can RapidAP help Retailers?
We help you grow your business by making your AP efficient.
Retailers have to deal with a large volume of invoices and payments. And this can be daunting when handled manually. It can often lead to lost invoices, late payments, compliance issues, errors, and even fraud. Moreover, manual accounts payable processes are time-consuming. They can lead to a backlog of invoices, which can impact cash flow and hinder business growth. Additionally, many retailers lack a centralised and transparent environment for their processes and operations.
However, Efficiency Leaders’ RapidAP offers a solution to all these problems. RapidAP provides a holistic platform with data capture, a business rules engine and ERP integration for complete accounts payable automation. Its AI-based automation enables retailers to process invoices more efficiently, avoid errors, and ensure compliance. RapidAP can help retailers optimise their accounts payable processes. It improves cash flow, and reduces operational costs. As a result leading to higher profitability and growth.
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 Retailers Choose RapidAP?
Streamline Your Invoice Processing and Cut Costs by 82%
Full Visibility
Our solution provides a user-friendly invoice library and tasks list that enables teams to cooperate, escalate invoices to the right user, and have a clear understanding of the situation.
Transparent Reporting
Transparency is key when it comes to AP automation and that is where reporting comes into place. Our report page enables a retailer to grasp its pain points and act accordingly.
Faster Approvals
RapidAP allows companies to create approval rules that suit their structure and automatically send the invoice to the right user’s dashboard for faster approval.
Full Visibility
Our solution provides a user-friendly invoice library and tasks list that enables teams to cooperate, escalate invoices to the right user, and have a clear understanding of the situation.
Transparent Reporting
Transparency is key when it comes to AP automation and that is where reporting comes into place. Our report page enables a retailer to grasp its pain points and act accordingly.
Enhanced Compliance
RapidAP’s advanced security features and compliance tools ensure the company’s financial operations meet regulatory requirements and data privacy laws.
Superior OCR Technology
RapidAP provides an in-built OCR, ABBYY, which is considered to be the market leader. Our average keystroke reduction is among the best in the industry and reduces manual data entry by 90%.
Integrated Business Rules
We understand that every company has its own structure and requirements. That is why we have created a flexible and intuitive business rules engine that caters for 90% of companies’ needs out of the box.
Straight-through Process
Our holistic solution, consisting of an OCR, a business rules engine, and seamless ERP integration enables retailers to achieve a straight-through process even with non-Purchase Order invoices.
Superior OCR Technology
RapidAP provides an in-built OCR, ABBYY, which is considered to be the market leader. Our average keystroke reduction is among the best in the industry and reduces manual data entry by 90%.
Integrated Business Rules
We understand that every company has its own structure and requirements. That is why we have created a flexible and intuitive business rules engine that caters for 90% of companies’ needs out of the box.
Straight-through Process
Our holistic solution, consisting of an OCR, a business rules engine, and seamless ERP integration enables retailers to achieve a straight-through process even with non-Purchase Order invoices.
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.