Smart Invoice Accounting

In the era of technological advancement, the Procure to Pay (P2P) function is charged with the responsibility of providing

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Procure to Pay (P2P) function

In the era of technological advancement, the Procure to Pay (P2P) function is charged with the responsibility of providing value by improving process efficiency and effectiveness, enabling systematic compliance, delivering business insights and better process governance. Our service offering is a positive step towards enabling clients in achieving these outcomes.

Our value proposition:

rocess invoices up to 10 times faster
Create modular suite with flexible P2P modules
Integrates with any ERP system
Reach up to 80 per cent touchless accounting

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Operational

Take out up to 70% of Accounts Payable operational costs
System and language agnostic
Fully integrated workflow system
Benefit from controlled payment timing

Smart invoice accounting

Facilitates automated and touchless booking of invoices
Provides multiple options for receipt of invoices from various sources
Performs non-template based raw OCR search with artificial intelligence
Performs auto-flipping, stamping, splitting and sorting reducing manual effort
Digitises and archives every invoice

Employees analyzing price charts

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Verifies and validates for compliance
Uses custom rules and validation engine
Performs continuous optimisation via machine learning
Facilitates up to 90 per cent accurate predicted accounting
Provides real-time dashboard and spends reports
Performs automated ERP export in multiple formats
Captures audit trail of all steps.

Flexible modules

KPMG GST Compliance Pilot

Operating system agnostic
Single window upload
GST compliance, with timely patches
Tax position evaluation.

P2P data analytics suite

P2P insights with reports and dashboards
In-depth spend analysis
Identify cost avoidance opportunities.

KPMG Tax Intelligence Solution

Standardised tool to extract, enrich and analyse tax data
Detection of potential risks and opportunities
Over 50 smart VAT analytics.

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