Accounts Payable (AP) is at the core of finance and accounting (F&A) and supply chain functions, in spite of being a transactional process. There is continuous pressure on the AP function to reduce cost and improve efficiency, with zero tolerance for payment errors.
The Infosys BPM Accounts Payable on Cloud (APOC) is a platform that transforms the Invoice-to-Pay process by leveraging next-generation technologies and AI/ML algorithms as well as ensures time-to-value coupled with enhanced stakeholder experience. APOC replaces redundant processes and eliminates fragmented tools to become the single layer of engagement for all invoice processing needs.
AP functions globally face several challenges:
The Infosys BPM APOC platform has been designed from our rich experience of providing AP services to 75+ clients worldwide and handling over 22 million invoices annually, as well as combining the best-in-class technologies available in the marketplace. The platform, built on our deep domain expertise, enables the AP function of organisations to considerably improve critical business levers — the 3Es of Efficiency, Effectiveness, and Experience — and provides real-time insights to stakeholders.
Find out more about how we can help your organization navigate its next. Let us know your areas of interest so that we can serve you better