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Kofax Integrates Its SaaS Solution with Microsoft Dynamics 365 to Transform Invoice & Accounts Payable Automation
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January 7, 2021 News

 

Kofax®, a leading supplier of intelligent automation software for digital workflow transformation, announces the integration of ReadSoft Online, its software-as-a-service (SaaS) solution for invoice data extraction and accounts payable automation, with the Microsoft Dynamics 365 platform. The integrated solutions allow organisations to transform their procure-to-pay workflows and automate mission-critical processes.

“Kofax and Microsoft share a vision of enabling accounts payable teams to accelerate their digital transformation initiatives,” says Kathleen Delaney, Chief Marketing Officer at Kofax. “The integration announced today illustrates how we’re delivering on that vision, helping our customers unify complex workflows, siloed systems and human capital.”

Together, Kofax ReadSoft Online and Dynamics 365 enable accounts payable departments to reduce the invoice processing time by as much as 80 per cent. The joint solution allows them to automatically process invoice data in more than 35 languages and across hundreds of formats via Kofax ReadSoft Online.  They can then route those invoices through their broader workflows managed in Dynamics 365. The wizard-driven setup process simplifies connecting the Kofax and Microsoft platforms while avoiding complex integration initiatives.

“Our mutual customers rely on solutions like Kofax’s ReadSoft Online to streamline invoicing processes,” says Georg Glantschnig, General Manager, Dynamics 365 Finance at Microsoft. “The ReadSoft Online integration with Microsoft Dynamics 365 Finance is the type of technological innovation that enables our customers to seamlessly transform their processes via automation.”

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