P2D: Future-proofed AP Automation

P2D offers a complete guarantee on its invoice processing service and the accuracy of data extracted irrespective of the source. Colla recollects an instance where a restaurant chain with numerous restaurants under its command had employees to double-check processed invoices despite using a competitive product to do the same. Dissatisfied with the whole process, the client approached P2D, who offered a demonstration of their solution, guaranteeing a 100 percent accuracy in its processes. Impressed, the client signed with P2D and currently deploys its cloud-based purchase order system along with the PO flip, matching, and statement reconciliation modules. P2D’s offerings deliver substantial cost savings, are flexible, and help clients achieve unprecedented efficiency levels.

Another integral element of P2D’s e-invoicing platform is its Supplier Portal, which allows suppliers to upload their invoices and supporting documents into the system. Both buyers and suppliers can track the status of invoices, be it old or new, along with informative notes such as whether the invoice is approved or rejected, due or paid, these facilities also reduce query handling for both buyers and suppliers. Being a cloud-based solution, P2D has the highest levels of security in place.

Upon partnering with a client,P2D understands the client’s specifications and obtains supplier information to ensure the authenticity of buyer-supplier relationships and the client’s finance systems.The implementation is a simple straightforward process, which takes anywhere between a week to a few months depending on the size and complexity of the client’s AP process.

In the journey to offer better benefits to clients, the company has recently enhanced its processing capabilities and its PO module for line-level matching of invoices. P2D has also put in place a service for customer switching, where it will work toward ensuring a seamless change process for clientsfrom either manual processes or from competitive solutions. Through continued innovation in AI, the company is also looking at a deeper analysis of invoices to detect duplication, fraud, and overbilling to protect clients from risks. “Irrespective of the size of the organization or industry, our intelligent and robust solution delivers top-notch benefits to customers who have the desire to change,” concludes Colla.